Long
AIKI Swing trade idea (Momentum play)

Swing trade idea for Monday
Expecting pull back to $1.05-$1.04 and then move to $1.20 and then rejection to the downside .Based on CCI and RSI reading I do not expect significant move to the upside .
Entry: $1.05
Stop: $1.03
Exit : $1.19
R/R : 1/7
expecting rejection to the downside from $1.20-$1.21 area back to $1.05 area ,if $1.05 going to hold then we can see AIKI testing $1.30 area (possibly this week ),If $1.05 not going to hold then AIKI can potentially move all way down towards $0.95 area.
Entertainment purposes only, not financial advice .
Expecting pull back to $1.05-$1.04 and then move to $1.20 and then rejection to the downside .Based on CCI and RSI reading I do not expect significant move to the upside .
Entry: $1.05
Stop: $1.03
Exit : $1.19
R/R : 1/7
expecting rejection to the downside from $1.20-$1.21 area back to $1.05 area ,if $1.05 going to hold then we can see AIKI testing $1.30 area (possibly this week ),If $1.05 not going to hold then AIKI can potentially move all way down towards $0.95 area.
Entertainment purposes only, not financial advice .
Note
AIKI moved down to $1.04 , ENTRY target reached ,AIKI closed the day at $1.06Note
AIKI moved down to $1.01 , STOP LOSS got triggered.Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.