Sino Agro Food Inc (fka SIAF)

[ValueInvestor01]

First of all, there are not many cases where you break the long term downtrend. Perhaps on any given day, only 1 out of 3000 stocks. You are going to watch all 3000 of them?

So you might as well flip a coin then. You have 1/2 to get it right as opposed to 1/3000. But that's not value investing though.

Three, false breakouts are more rule than exception, these days. What this means is, you will buy at, say 0.38 but it drops to 0.34 the next day. You just got screwed by the hedgies. And then you panic, and sell.

Again, you might as well flip a coin to decide what you would do next.

Take profit or let it run? It does quite often fall back to 0.36 (which is now support) before moving higher again. After all, you don't know much about the company in the first place. So you will probably take profits too soon. Or not?

I have my own numbers based on facts and fundamentals, and if that numbers materialize soon or later, then I would take profit. But it has nothing to do with TA.