Simple13 Short Term Trading Idea (KOSSAN)

134
Current Price: RM 2.08
Profit Target: RM 2.30
Buy Zone: RM 1.95 - RM 2.08

Entry Strategy:
Start accumulating KOSSAN shares in the buy zone between RM 1.95 and RM 2.08. This range offers a favorable risk-reward ratio.

Profit Taking:
If the price reaches RM 2.30, take profit, as this area is considered a resistance level or the stock may be overbought, and it might be prudent to lock in profits. This translates to a potential upside of 10.6% from the current price.

Risk Management:
If the price drops below RM 1.95, exit the trade to limit losses. This sets the downside risk at approximately 6.3% from the current price.



Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.