Alliance HC - Took 1 Pip Profits

Took profits from Alliance HC earlier when the price went up to 0.205/0.21. The market suddenly had a super bad news this morning where Trump imposed 5% tariffs on Mexico which caused more fear to the market. Most stocks dropped except a few stayed strong. Cut a loss in ocbc and the stock rebounded back upwards. It could be short covering or a bounce but I am not taking a chance now. Even with a new IPO that is 18 times subscribed cannot move in a bad market like this, hence run first.

https://www.theedgesingapore.com/alliance-healthcare-says-public-tranche-184-times-subscribed

Ronald K - Market Psychologist - A Stock Market Opportunist