PBBANK, still can go further?The overall outlook remains positive, but it's important to note that negative divergence has formed on both the daily and weekly charts. This indicates that the price is moving higher, but the momentum behind the move is weakening.
As a result, it's prudent to protect your downside by setting a tight trailing stop loss. A trailing stop loss is an order that is placed at a certain distance below the current market price. If the price falls to the stop loss level, the order is triggered and your position is closed, limiting your potential losses.
By taking these steps, you can help to manage your risk and potentially increase your chances of profiting from the market.
It's crucial to not only know the right time to buy but, more importantly, to be ready and willing to sell when the time comes!
Disclaimer: The mentioned stocks are based solely on personal opinions for educational and discussion purposes only. There are no buy or sell recommendations. Trading involves financial risk, and you are responsible for your own decisions. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the information contained herein.
