Tuesday, June 11, 2019

Breakout - GTRONIC

Today I made my first trade in June 2019. My Cikgu CP Teh day traded the counter after 11 a.m. I followed his move. The breakout price broke out from its rectangle box at RM1.60. I bought 70 lots at RM1.60.


Cikgu CP Teh sold his holding at closing time but I wanted to sell at immediate resistance line of RM1.69. Over the years, I prefer trading breakout compared to technical rebound. The confidence level is  much higher and probability of gaining profit is better.

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