DSELE99

Higher risk to trade IPO counters? (GLXT)

Short
MYX:GLXT   GLOSTREXT BERHAD
Personally won't touch IPO stock.

>> insufficient data for TA (during the golden moment).

Wait until...
>>> better chart is form, we can see clearly the next move.

For this GLXT as example, traders should trade with plan, with CL plan at certain level (few bid, few -% etc). If we fail to plan, we plan to fail.

Please don't has any HA (hope analysis) on trading / investing. It mostly won't work that way. What if bought at 0.650 and hold until 0.250? There is over 60% paper loss.
And from 0250 to 0650 = ..... % ? (160%)

Question:
>> good time to collect this counter?
Not yet, it still below EMA line (it's merely a red blue sea for me, as I make it blue colou). Not a good choice to EP without proper reversal signal.


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