Short Term (Contra Trade) : Master Pack
1) Market Outlook - Global Market (green), KLCI (green) ~ Friday (12/4) closing
2) Sector Index - Industrial Prod (red), FMBSCAP (green) - Friday (12/4) closing
3) Technical Analysis - Selling pressure reducing w/ volume , I am aiming for a bounce off trend line
4) Fundamental Analysis - Strong fundamentals w/ 2 consecutive profiting quarters and bullish sectors (FBMSCAP), mid term trade is feasible with next quarterly report in end of May 2019
2 trades will be entered, one for long term holding and one for short term
Entry - 0.805 (risk to reward : 3.67)
Exit - 0.86 (+6.83% - short term)
Stop Loss - 1.345 w/ high volume (-1.86%)
2) Sector Index - Industrial Prod (red), FMBSCAP (green) - Friday (12/4) closing
3) Technical Analysis - Selling pressure reducing w/ volume , I am aiming for a bounce off trend line
4) Fundamental Analysis - Strong fundamentals w/ 2 consecutive profiting quarters and bullish sectors (FBMSCAP), mid term trade is feasible with next quarterly report in end of May 2019
2 trades will be entered, one for long term holding and one for short term
Entry - 0.805 (risk to reward : 3.67)
Exit - 0.86 (+6.83% - short term)
Stop Loss - 1.345 w/ high volume (-1.86%)
İşlem kapandı: durdurma seviyesi:
KLCI market bearish. Stop Loss reached.