GILT broke above both the 2 year resistence @ 10.75 and the 19 year(!) resistence @ 11.30 on 25 January on strong volume. It has since been consolidating in a bull pennant above the 19 year resistence (turned support) @ 11.30.
Good time to stake for those who is prepared to have a wide initial stop loss (below 11.0). Let's see if this potential home-run trade pans out!
p/s please position size accordingly as penny stocks tend to be very volatile (and no guaranteed that trade would work out).
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
Good time to stake for those who is prepared to have a wide initial stop loss (below 11.0). Let's see if this potential home-run trade pans out!
p/s please position size accordingly as penny stocks tend to be very volatile (and no guaranteed that trade would work out).
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
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.