PETRA ENERGY BHDUpdated PENERGY - protect the downside
For holder, protect the downside / see profit take profit.
For those wish to enter marker, better wait for pullback.
Stochastic are at OB meanwhile ROC showing potential negative divergence.
960 ~ 930 will be the critical support area. Once broken both may be ugly chart.
When the market moves where, and how, and if - these are all unknown. The only thing which you can control is your risk. Focus on risk management!
Keep the long term vision.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
For those wish to enter marker, better wait for pullback.
Stochastic are at OB meanwhile ROC showing potential negative divergence.
960 ~ 930 will be the critical support area. Once broken both may be ugly chart.
When the market moves where, and how, and if - these are all unknown. The only thing which you can control is your risk. Focus on risk management!
Keep the long term vision.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
Note
Price was drop -10% since earlier post.
>> Broken the uptrend line.
>> Price blow Hull MA.
°° let see whether EMA 100 able to support for rebound play / for those holder to sell strength.
Don't catch the falling knife 🗡️ (cfk) if self not that kind of trader or investor.
Do own research and trade at own risk.
Trade as per own strategy.
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.