JFTECH, nearest support..m..The stock is currently testing the 4.80 support level, and it remains to be seen whether it can stage a rebound. If the price manages to hold and bounce back, there could be an opportunity for a FIFO (First In, First Out) trade, allowing for quick entries and exits to capitalize on short-term movements.
Let’s see how it plays out!
When the market moves where, and how, and if - these are all unknown. The only thing which we can control is our risk. Focus on risk management!
Keep the long term vision.
Disclaimer: Please be informed that all stock picks are solely for educational and discussion purposes; they are neither trading advice nor an invitation to trade. For trading advice, please consult your remisier or dealer representative.