Out perform Sector This week 7/06/24Hello All, ETRON Sector that is first leading sector this week, Stronger than others.
look that it seem price break accumulation ready to test EMA200, please closely look at that point.
Delta already bull little bit.
KCE Already break accu. phase just starting.
HANA Follow ...
CCET That is leading stock for this sector
KCE
KCE - reverse position just in timeGood traders will stopped out the position.
Best one will reverse it.
I can’t remember who said this ,but I did remembered it from the book called The Market Wizard by Jack.
I was holding a very large position of KCE in the morning because it was the last Big-Cap stocks in SET that still had a strong big-buyers. But these kind of stock tend to do a very aggressive moves through time. Holding these kind of stocks need a closer attention. Today is one of those days. The stock opened with yesterday’s high. But due to the very bad market condition, I prepare my stop loss at the very tight 24.00. It did fall. I sold it by the way and sold it all at 23.7. I did accept the loss due to my big position. But after it fall down to 23.4 with a very large momentum, I began to short it ( using DW ). Putting by using DW is very risky so I bought it with a very small volume and increased it by the way with profits. I sold half of it at the market closed. It was a right call. Today I only suffered some small losses.