Technical Analysis & Trade Logic:
The Market Update: This is a crucial risk management update for SSGC. We are calling for immediate profit booking if you are holding short-term positions.
Our Original Stance: Please note that our primary focus and original call on SSGC was for a long-term investment holding. We did not officially issue a short-term buying signal.
1H Weakness: However, looking at the lower timeframe (1H chart), the price action is now showing strong structural weakness and buying exhaustion.
Management Action: If you personally took a short-term trade on this counter, it is highly recommended to book your profits right here. Secure your gains before a potential short-term pullback happens, while long-term players can continue to monitor their macro setup.
The Market Update: This is a crucial risk management update for SSGC. We are calling for immediate profit booking if you are holding short-term positions.
Our Original Stance: Please note that our primary focus and original call on SSGC was for a long-term investment holding. We did not officially issue a short-term buying signal.
1H Weakness: However, looking at the lower timeframe (1H chart), the price action is now showing strong structural weakness and buying exhaustion.
Management Action: If you personally took a short-term trade on this counter, it is highly recommended to book your profits right here. Secure your gains before a potential short-term pullback happens, while long-term players can continue to monitor their macro setup.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.