You’ve got to know when to hold ’em
Know when to fold ’em
Know when to walk away
And know when to run
Every trader knows
That the secret to survivin’
Is knowin’ what to throw away
And knowin’ what to keep
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KLSE Technology Index
- KLSE Technology Index recent 5 months of healthy retracement supported well on its technical trend line.
- A recent breakout on the index sparks the index to rally to its 20 years high.
- All blue chip stocks and small caps technology stocks that have undergone their months of retracement have now all continue to perform.
- Always invest/trade into uptrend stocks that did not violate their macro trend.
- Avoid holding into stocks that reversed their macro trend.
- Always trade with a trading plan knowing when to Hold’em and when to Fold’em.
KLSE Healthcare Index continues long term bearish downtrend
- KLSE Healthcare Index continues its bearish long term downtrend run as its macro trend has shifted since September 2020.
- Regardless of fundamental once a trend has shifted all stocks are needed to go for a very long term of price retracement.
- A long term bearish downtrend is only suitable to hold for short term trading activities such as for its rebound.
- A macro trend reversal will only eventually occur evidently one day which will not occur in the near term but a very long term.
- Avoid holding into a long term bearish stock in your portfolio.
- Avoid falling in love with the companies.
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