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Trio-Tech International

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Reviewing my last trade for 2021: $TRT 25%ish gainLuckily, I ended up 2021 with a win. It was a modest one but given how tough the trading environment was back in December for the long side (likewise in the start of 2022), I'm thankful that I was able to pull off a W. Let's review it $TRT is the ticker of the trade. First entered the trade back in December 7, 2021 (1st Green Arrow) at $9, when it proved strength. Cut was $7.20 Was a little challenged by this trade given it didn't move right away as I expected it to. When it retraced, I gave myself two options: follow the original cut or exit the position early and buy it back in case stock proves me wrong. Decided to go for the latter and went out of the position last Dec 13, 2021. (1st Red Arrow) I was proven wrong. I went back in TRT on Dec 15 (2nd Green Arrow), again when it showed strength and added more when it slightly corrected (Multiple Green Arrows). Me being proven wrong by the stock earlier gave me more confidence to size this bigger compared to the initial engagement. Used the 5 Day Moving Average to trail my profit when I was ahead. Was initially targeting $15 but it never happened. TRT retraced to my trail profit, putting me out of the trade at $11.40 with a 25% gain (2nd Red Arrow). Expected more but can't complain. A nice end of year bonus. Takeaways from this trade: Always be ready and be patient for your A+ setups to manifest. Zooming out, the area pattern traded is an ascending triangle, a bullish area pattern Hope you learned a thing or two. Thanks and good luck out there!
AMEX:TRT
by kevvela
TRT an Undervalued Semiconductor ProducerTRT's stock price has fallen in value from a yearly high of $7.50 to a $4.30 to $4.55 demand zone. Trio-Tech has relatively strong finances when benchmarking this semi-conductor company at the 79th percentile within the semiconductor industry. This is a company that has been impacted by the economic slump created by COVID-19 and the China-United States trade war imposed by the 45th U.S. president, Donald J. Trump, in 2019 due to TRT's operations within Southeast Asia to include China, Thailand, Malaysia, and Singapore. Despite these factors, TRT has maintained profitability as demand for semiconductors continues to surge during the current shortage that had dampened the auto industry and continues to negatively affect personal computers, smartphones, and other hardware. TRT's stock price moves on an average of $0.36 cents in a day for 2021 with an average volume of 94,000. The fair value is calculated to be at $6.84/per share of TRT, much higher than the current price making TRT an attractive option for value investors.
AMEX:TRTLong
by OrangeTrader93