30 January 2020

Trading Idea: Short Medtecs (546.SG)




1. diminishing volume and lower trading price.
2. WHO did not declare an emergency indicates that it has not reached a critical point.
3. China is in full force and effort to curb the Wuhan virus

Short term traders may look to short and buy back within the same trading day. My personal view is that it may pullback to 170. Short positions have to be closed within the same trading day. As such, please remember to lock in profits when possible. Example, short 195 and buy back 190.

Every action should yield profits. That is what trading should be. 
//amazon