swing entry long in eurcadlets take this entry just using market stracture we have the market bullish
Asiastocks
MNY a penny stock from Asia catching some buying volume LONGMNY is a penny stock from Singapore on NASDAQ. With its volume and volatility spiking and a
90 % jump in the past month. It got my attention. For penny stocks and NASDAQ requirements,
getting over $ 1.00 is important for several reasons. MNY did it well. I will take a small position
in this risky play expecting a great return over the near and intermediate term. If you like
PYPL SQ or SOFI but need something with some better volatility to get try to capture
some quicker profits this might fit your need.
Hindalco Bearish Move
Possible retest for HINDAlCO INDS. Demand could change into supply.
Sinds the end of March Hindalco has been facing a strong downtrend. Which could be resulting from the high Dividend payout Q1 2022 as investors have taken profit both from the bullish run and it's dividend higher payout.
Approaching the shorter time frames for a more intra-day trade, there is possibility for shorting. The stock's volume is corresponding with a most likely retest, as their is a little barrier occurring right at the previously mentioned formed supply. I recommend a risk reward of 3 due to the enormous selling pressure.
- David van Delden
