Observation:
a) Market Stages:
- Stock is currently in the beginning of Stage 2 (Mark-Up).
b) Trend Line:
- Price traded sideways nearly 4 weeks before moving up, turning Resistance into Support.
c) Price & Volume:
- Price spread is small with very low volume during its sideway move.
- High vol. came when it broke the Resistance, currently turning it into support.
Based on observation, currently price is making a pullback with low volume.
Every trade is 50-50 since no one can predict market movement.
If entry is made, my trading plan would be as follows:
Entry Price: 63.5 sen
Stop Loss: 59.5 sen
Profit Target: 67.0 sen
a) Market Stages:
- Stock is currently in the beginning of Stage 2 (Mark-Up).
b) Trend Line:
- Price traded sideways nearly 4 weeks before moving up, turning Resistance into Support.
c) Price & Volume:
- Price spread is small with very low volume during its sideway move.
- High vol. came when it broke the Resistance, currently turning it into support.
Based on observation, currently price is making a pullback with low volume.
Every trade is 50-50 since no one can predict market movement.
If entry is made, my trading plan would be as follows:
Entry Price: 63.5 sen
Stop Loss: 59.5 sen
Profit Target: 67.0 sen
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.