PRM 0.00% 0.5¢ prominence energy limited

text book swing trading 101, page-66

  1. 7,604 Posts.
    lightbulb Created with Sketch. 241
    Hi forro,
    SUR is a magnificent trading stock...It is liquid & it is in an established uptrend that doesn't show signs of ending yet (despite the infamous inverted hammer)..It is on the watch list of every Day Trader worth his salt.
    A lot of people will approach it with different methods which will all work.
    I must say that I don't hold SUR now ,however I traded it a couple of times.
    The best gains will come by holding it for a bit longer...It is a good stock to hold.
    S/T could mean a few hours or a few months.
    Len-Hun has made up his mind that SUR will retrace to 50% Fib,which might or might never happen (there are no hard & fast rules) & will end up buying it on a close above 0.07 for a trade.
 
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