Entry conditions:
(i) higher share price for
SIQ along with swing up of indicators such as DMI (+DMI above ADX at the very least) and RSI.
Stop loss for the trade would be:
(i) tight at $7.85 beneath the tail of the signal day (30th August), depending on risk tolerance.
(i) higher share price for
SIQ along with swing up of indicators such as DMI (+DMI above ADX at the very least) and RSI.Stop loss for the trade would be:
(i) tight at $7.85 beneath the tail of the signal day (30th August), depending on risk tolerance.
Trade active
UPDATE (trade activated 02-Sep): Short term trade activated as suggested, respecting long established support/resistance line from 30-Jun-2023 ($7.96).Trade closed: target reached
UPDATE (week ending 06-Sep): Suggested close out of trade (if not already closed out, considering great result for a short-term trade and dividend play; remove from watchlist).
Detailed commentary/updates about trades (stocks, crypto & bonds) available:
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youtube.com/channel/UCiJZV2iT6PJx1ydVaS0JzTw (scan results timestamped in comments)
t.me/ASXTradersUnited
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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.
Detailed commentary/updates about trades (stocks, crypto & bonds) available:
youtube.com/channel/UCiJZV2iT6PJx1ydVaS0JzTw (scan results timestamped in comments)
t.me/ASXTradersUnited
Like/join/subscribe for the latest!
...
youtube.com/channel/UCiJZV2iT6PJx1ydVaS0JzTw (scan results timestamped in comments)
t.me/ASXTradersUnited
Like/join/subscribe for the latest!
...
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.