Following up from previous post last Tuesday >>> http://singaporetradinginsights.blogspot.sg/2017/07/jadason-no-exits-seen-yet-still-good.html
I mentioned that we did had a bullish signal for Jadason which alerted us to ride the upside over the past 1 month where it hit a high of more than 0.120 last week...
There was no exit on the system then on last Tuesday.
However, fast forward to a week now..
Over the past few days, we saw the temp 0.115 support gave way and...
....the Exit signal also came out. See below
For illustration purpose only
Definitely a good to time to exit on any long positions with this signal first.
Today we are indeed seeing a sell down below 0.110 further...
Hopefully 0.100 support holds now before probably a re-entry?
Will see.
Great to have a system to alert us on any potential dangers and keep us in check not to be greedy at times... J
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