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This round of long positions finally paid off. $AIA moved from 0.05162 to 0.05339, +84.14% has been realized. The key earlier was not chasing the rise, but that sideways period that didn't drop. Many were still waiting for a dump, but what I was watching was whether the buying support would break.
What really confirmed it for me was that the pullback didn't break. The shorts tried to dump several times but couldn't break through, and the structure clearly changed. To put it bluntly, once the market shifts from suppression to active upward push, it's no longer a time for hesitation but a test of who dares to execute.
Now that profits have been taken, those with heavy positions can first take off 70%, and keep the remaining 30% with a stop-loss set to continue watching for extension. AIA's volatility range has opened up in this segment, but don't get euphoric about gains and recklessly add more.
If you didn't get in, don't chase. Missed is missed. Wait for the next pullback to give a more comfortable entry before moving.
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