As I have mentioned earlier, STOP LOSS is not simply put 2-3 pips below your purchase price. There are many scenarios that you need to SL. I will shared one of the scenario that you need to SL. This is written in my ebook. There are quite a number of scenarios I mentioned in my ebook that have to SL. I can only share one of them as a preview else peoples think si mi si lang ebook dare to sell at the kind of price. My sharing is not to promote my ebook. But because many are still not sure of SL, so I share one of the important one here.

I have posted 8 charts for your reference. 1 chart may not be able to convince you. So I posted 8 lor...lol.

From all the 8 charts you can see the similarity. The counters trend up for a number of days. Then we see on one of the day it created a super volume compared to other days. And you can also see there was bigger movement intraday on the day of the super volume. When you see this, likely the BBs run road liao. So the volume give a very important signal. This is one way you use volume indicator. If the counter move more pips than usual on the super volume day, then it increase the possibility that the BBs run road liao especially when it hit day high and retrace a lot on closing.
Therefore, if you pick up a counter and it's on the uptrend for a number of days, always watch out for super volume on a particular day. This is one scenario that you need to exit. You see super volume in an uptrend, no need to think twice. Just exit.

Paiseh, I can only share one sell signal here. As I have mentioned, no analysis or theory works 100%.
Just some weekend sharing! Huat ah!

$Yoma Strategic(Z59) $Lian Beng(L03) $Chasen^(5NV) $CNA^(5GC) $RH PetroGas(T13) $SBI Offshore(5PL) $Valuetronics(BN2) $Yuuzoo(AFC)

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Expiry:
Target Price
$0.094
(+13.25%)
NOW:

Yuuzoo....cup with handle formation....Candles curving up. Friday 83-84 got buyers amid weak market. Expect it to test 50dma soon probably this week....

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Expiry:
Target Price
$0.12
(+8.11%)
NOW:

I like Friday's price action (PA). BBs initially blocked 5k+ lots at 114 & 115. Later on moved the 5k+ lots down to 113. When not much sellers threw at 112 buy queue, BBs topped up 113 sell queue to 7k+ lots to force retailers to throw 112. Why need to force retailers out?. High chance is that they gonna push soon n did a last collection. I expect this coming week should action & test 120.

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$Yuuzoo(AFC)
I don't know FA & don't know how to analyse news. But my thought is this on Yuuzoo. The placement thing not new news. The quantity also only 15mil nia....not really very big. And 1 day can sell only 1k lots. What is 1k lots?. BBs one mouth already more than 1k lots. Further more, result coming. So some ppls like me may keep till result announced first. So my personal view is the news got no effect.

On TA side, I showed 3 charts. 1 daily chart showed it broke the 200DMA resistance & upper trendline resistance. This is power. But take note that there are some resistance around 183-185. Whether it can hoot through these within your contra period is hard to say. But got chance lah since today so power & result coming.
But if keep for a little while high chance hit 20 or above. See the 2 weekly charts. Broke 50WMA(Weeks Moving Average) & Symmetrical Triangle. This is bullish.

I expect more upside in the near term.

Dyodd hah!

Those still holding Yuuzoo......fall in & huat ah!

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Below is the weekly chart for $Yuuzoo(AFC). The chart looks very nice. It closed above the resistance of 225. And it has started to form a double bottom formation. Target will be the historical price resistance of 325 or 100 week MA whichever is lower. If you look at the 100 week MA, it is slowly coming down. If Yuuzoo were to move up within next few weeks, the 100 week MA may coincide with the resistance 325. We should see more upside for Yuuzoo. Once it break 265 neckline, it should proceed to test 325. I expect it to happen within a month. I don't think it will go back to 200. 200 should become a history for the time being. We shall see.

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Expiry:
Target Price
$0.265
(+15.22%)
NOW:

A double bottom pattern. I see it breakout 245 n test 265 within 1 week. Then take a rest n supported at 245 before attempting to breakthough 265 in the next attempt at 265.

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