SUPERMX - Selldown Pressure Over, Time to rev up to the MAX

Updated
Entry Strategy:
1) Entry inside the purple line range - Highly potential reversal trend zone.
2) CL1 and CL2 below the purple line.

Chart:
1) 2020 - Glittering news for glove stock due to unprecedented demand. During this time people risk in on forecast profit growth anticipated.
2) As per expected, whatever boom up need to boom down also - nature of life (kadang2 kita di bawah kadang2 kita diatas)
3) For QR result announcement - people that risk in before will usually sell on news
4) Below EMA line - showing bearish trend start to power the play

I am nubis, i am non-premium members ..follow if you think this idea make sense..just sit back, relax and make some money.

-Heil_Z-
# Are-snuff Traders Club
# Bilis Traders Group
Trade active
Entry: 4.25 (2 March 2021)
Current: 4.5

TP 1: 5.54
TP 2: 6.99
TP 3: 9.00
TP 4: 10.44
Trade closed: stop reached
Entry: 4.25 (2 March 2021)
Current: 6.26 (26/4/21@4.10pm)

TP 1: 5.54 (COMPLETED on 19 Apr, ROI: 30%)
TP 2: 6.99
TP 3: 9.00
TP 4: 10.44
Note
1st Entry hit CL1 (if set CL2 may not yet hit) .
Now considering 2nd time re entry at the same zone. Will jump direct if price have momentum on tomorrow (10 May 2021)
Chart PatternssupermaxsupermxTrend Analysis

Disclaimer