Sunday 26 January 2020

Intel - Earnings Beats Estimates, Stock Soared








Intel just announced it's latest earnings and it was more than expected and earnings beats estimates which sent the stock soaring high on Friday. As usual, I had traders trading this stock and made $$ out of it. From the chart wise, the signal wasn't so obvious and hence I did not trade myself. In the 5 minute chart, as you can see, the stock gap up and stayed strong throughout the whole session. As I see more and more of my traders shifting towards the US market, over the weekend, I had a meeting and decided to launch a new service dubbed as the Ron K Traders Network soon. It's going to be something exciting as trading US stocks is more profitable and faster than the slow couch Singapore stocks.

Hence, I had posit 4 key steps into trading US stocks wisely. These are the 4 steps which helped me over the years and I seldom deviate away from it or I might lose $$. I am currently in search of good traders who can trade good lot size in the US market to help me in trading and in the process of looking for a few good ones, I expect them to memorize those key steps and never commit silly mistakes. I will post more here in days to come.

Ron K - A Game Changer