Long
AKS - big move ahead
Previous swing low provide a good support at around $4, where a stop loss can be placed.
If the support holds valid, we can expect a move up to $6 to $7, that is a 4 to 5 times P/L ratio.
The closer to the support level ($4) you buy, the less risk you will bear on this trade.
If the support holds valid, we can expect a move up to $6 to $7, that is a 4 to 5 times P/L ratio.
The closer to the support level ($4) you buy, the less risk you will bear on this trade.
Note
Note
Readers, see what happened if you buy at 4.15.
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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.