LKL Massive Accumulation by Bank!!LKL has dropped a lot since most of the supply for Covid-19 was sufficient.
People forget about this and jerung2 takes a chance to accumulate their shares little buy little like no one knows. We see massive accumulation happen at the current price level.
An early sign of the trend we see in 1H TF where price decrease but the stochastic increase. This indicates buying pressure is high causing Bullish Divergence .
Today 16 Mac 2021, buyers show their strength by bringing the price close outside BB+EMA50 indicate the sign of strength (SOS)
When the best time to enter?
1. After bullish divergence confirmation (dah terlepas)
2. After MidBB close above EMA50.
3. When MidBB above EMA50 and price retest midBB with oversold stochastic. This is the best chance to enter.
Cutloss? If price closes below starting divergence.
TP? when you feel enough... But for me... I will close when the price when Daily TF closes below EMA6.
