TNB monitor for Long-term Dividend Yield Position

Technical Analysis

Personally, what I learnt is there must be a Technical Analysis Strategic Plan in order to increase the risk-to-ratios favourable risks.

1. Draw Support & Resistance
2. Identify the stages (Accumulation, Advancing, Distribution, Declining)
3. Entry Triggers
4. Stop Loss
5. Exits

TNB currently is at Declining Stage, Downtrend. Monitor currently until signs of trend-reversal.

I have learnt during my past mistakes that we should let the stock price comes to us, rather than us chasing the stock prices!