Get started
SSTAR COMBO PHARMA LIMITED
Long

ASX Star Combo Pharma

By paper_value
Updated
Star Combo Pharma has just started trading last week. It has a good run up to above $2. I believe this is Wave 1 of Elliot. The price has dropped a bit at writing and if I am not wrong, corrective wave 2 will probably hit between 0.5 to 0.618 in the next few days. If i were to trade, i would look for entry below $1.30 between 0.5 to 0.618 fibonacci. At writing, there was a bounce at 0.384 fib @ about $1.40. If my charts are correct, we are looking at corrective wave B of 2 then C down to 0.618 fib. We shall see.



ABOUT THE COMPANY http
Comment
Follow through.

snapshot
Comment
Follow through.

My buy target levels hit.
Comment
Falling wedge break out.

Trade closed.
ASXcomboPHARMASTARTrend Analysis
paper_value

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.