SALAMA
salama good breakoutI was holding this for so long and i was pretty confident that it will push to the upside as per the trade plan i did exit at 0.675 as my first target my second target still is at 0.7 i think in sundays session we may see some profit booking again and the resume to the upside. Bullish for now
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Salama Unsuccessful TodayIt tried to push up and break the resistance but it could not i am still in the trade and holding my position still confident about it. A strong rejection today indicating it may come down to the support level. There is a chance that it may try it again tomorrow. Lets see how it performs tomorrow.
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SalamaIts at the support level trying to give a breakout, it bullish overall and its trending up. We can say after the big move its not consolidating and will again give a move to the upside. Insurance sector over all is showing positive signs so we trade with the trend and profit out of it. Bullish!!
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Salama More UP?As i had mentioned it on my insta this one can take off anytime and is good to buy also it was in my stalking list. Sure more upside coming up tomorrow i will look for a buy chance in a smaller time frame 0.623 to 0.620 is a good area to catch this one and go long first TP at 0.650
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Salama Lets BuyI call this perfect bounce, check the chart market took support right at the 200ema level and thn very next day it retested it successfully and made a solid bullish green candle, next resistance is at 0.560 level and thn next target is 0.590 i would like to trade this tomorrow. If you are following my insta check out for my entries and exit. I think market will move more upside tomorrow.
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Salama where to buy?Finally it gave a nice up side breakout and i closed my trade in profits FINALLY LOL, for those who missed this trade it will give you a second chance very soon just keep stalking this stalk as it has potential and smart money is buying this one. People are sending me msgs and asking me exact buying price! please there is no exact buying price or selling price i have marked the zone where price should give you a buy signal & sell signal thats where you have to buy once you get the signal. THERE IS NO EXACT FIGURE !!!
Just stalk this one and wait for the price to come to your level and thn go for the kill, dont rust just be calm and patient.It will be a easy trade and will give you nice profits.
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W patternSalam completed the W pattern today, as i mentioned in my last idea tht it gave a closing above the neckline and has a potential of pushing the prices up & today it did the same and also touched the target 1. I think there is more potential to this and it can go further upside to the second target as marked in yellow. There is also a possibility that it can come down to retest 0.530 level that have become strong support now. Big profits coming :)
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Failed to break outAs i mentioned in my last idea about salama that this is the third time it is trying to breakout and hopefully it will, it did give a breakout today but it failed and dropped down. Today market was down over all but salama maintained the gains till noon and later it gave away almost all the gains but closed in green with a big inverted hammer. Investors booked profits and immense selling pressure continued and it could not close above 0.520. Any how it have given a close above the neckline so there is a good chance for it to make a upward move tomorrow again. Bullish!
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SalamaNice closing today and at the resistance area exactly. Will it cross ? this is the third time its trying to cross the resistance last 2 were unsuccessful and it could not hold the breakout lets see if it can make it tomorrow and hold it. Also as we can see in the chart it have made double bottom pattern ( also W) and it have closed above the previous days close also the price is exactly below 200ema which is acting as dynamic resistance. If the price can close above 0.516 it will turn really bullish and can move further upside. I think this time it wil be successful in breaking the resistance. I am bullish!
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Salama weak weakerOMG what to say about this stock its testing my patience, i am still in this trade and in negative zone so far. It made a long big doji yesterday and today it opened with a gap down directly indicating weakness in this stock and no buyers. It is back at 0.50 level which is immediate support it has tested this support so many times now and its becoming weaker it can easily break this support to go more down which will take me out of the trade. Lets see how it performs tomorrow now i am bearish on this one as the support have become weaker and weaker.
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Salama Its becoming weak now, it go resistance strongly right at 200ema but at the same time found support at 0.500 level i was expecting it to close above the 200ema today so that it can continue going higher but it created a a big doji candle. Tomorrow is a decision day if it wants to go up or down i am still holding on to my trade. It can go either side but i think it might go up as it has accumulated twice at 0.500 area and it found support and it is now trying to break the resistance levels. Lets see i will keep a close watch and stalk it below 0.500 i will exit my trade and book a loss.
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Salama going north I am still in this trade as of now in a loss i didnt cut my position as technically this one is still in a uptrend. I am expecting this one to go up i will close my position in good profits once its trending higher. It is just below 200ema which is acting as resistance as of now. This week i expect it to perform.
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Salama Whats wrongThis stock is under pressure ever since it gave a big breakout at 0.530, it could not sustain the breakout and closing lower everyday. Interestingly it have reacted to a key support level at 0.500 which is also a psycological support area. It bounced from here and stayed here for 2 days in yesterdays closing it made green candle bouncing off the support area. The trend of this stock is UP for short term i am expecting it will make a high very soon breaking 0.530 very soon. I am bullish on this one i am in this trade also i may add more to it.
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Salama whats happening??I like breakouts, but if price consolidates before making a breakout is more powerful and reliable. I was stalking this stock since long to trade, the last green candle it made that as 2 days a go was a breakout after consolidation and the close was above 200ema i was very confident this stalk would jump and it did exactly as per the plan i entered this trade at 0.534 which i think was not a correct entry as should have waited for a better entry change that was at 0.523 in the same trading session, any ways this is stock market if we are correct we make big money if we are wrong out stop loss will hit and the trade continues. Now this stock have retraced back to retest the breakout area that is 0.515 it can go up again from here bulls did to show some power here else it wil be back in the consolidation area. Interesting part is its still above the 200ema which make me bullish on this one but no sign of strength i would love to see the green candle in sundays session either a solid green candle, green doji or a green hammer candle.
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Salama - DFMwhat a spike upwards yesterday i missed it thought but i planned to enter today, i entered at 0.551 i expect it to retrace a bit as its just crossed 200 ema surely there was some profit booking today on this i got a chance to exit as well but will keep this position to exit later this week. My first target is 0.570 will offload some quantity here and next will be 0.600