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BIPI Buy Position1. Trend Confirmation: Identified a Change of Character by the break of the previous high at 81, indicating a reversal in market sentiment and a new bullish trend. 2. Fair Value Gap (FVG): On the Weekly chart, identified Fair Value Gap between 69 - 71. 3. Trade Execution Entry Price: 74 ( Engulfing Candle on 5 Nov 24) SL: 66 (FVG) TP1: 110 (1.618 Fibbo) Risk-Reward Ratio (RRR): 1:4.5 Monitoring: Check-in daily closing price 4. Outcome: Exit Price: Profit/Loss: pips ------------- Disclaimer The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
BLong
by Phoenix-Rise-Trade
PANI - POWER PLAYPosition Update: October 16, 2024 Key factors: 1. Low-risk entry point. 2. The stock offers two entry points with a very tight risk. 3. A power play on top of another power play, this is a strong sign of continuation of upward momentum. 4. Corrects 18% during this pause, indicating big institutions' reluctance to sell their positions. 5. High relative strength, outperforming the general market. 5. The stock is moving on its own universe and marching to its own drummer. 6. Volume diminishes during pauses, indicating less supply coming to the market. 7. The general market is in the early stages of a bull campaign. Consideration: Breakouts are not accompanied by substantial volume. This is a classic Power Play setup, featuring two viable entry points: a low cheat and the handle. My initial position was taken on October 11 from the low cheat. I’m looking forward to seeing further constructive price action moving forward.
PLong
by rifqonr
PTRO - POWER PLAYPosition Update: October 22, 2024 Key factors: 1. Low-risk entry point. 2. The pause formed a small cup and handle. 3. It surged over 100% within eight weeks. 4. Corrects only 15% during on the pause, indicating big institutions' reluctance to sell their positions. 5. High relative strength, outperforming the general market. 5. The stock is moving on its own universe and marching to its own drummer. 6. Volume diminishes during pauses, indicating less supply coming to the market. 7. The general market is in the early stages of a bull campaign. 8. Huge volume on the breakout. Consideration: Despite a favorable technical setup, risk should be managed diligently given the stock's sharp ascent and potential for profit-taking. Establishing stop-loss levels and monitoring market conditions is essential. This is a textbook Power Play setup. I’m looking forward to seeing further constructive price action moving forward.
PLong
by rifqonr
TPMA - CUP WITH HANDLEPosition Update: October 23, 2024 Key factors: 1. Low-risk entry point. 2. Very clear bases with VCP characteristics. 3. High relative strength stock. 4. Established a clear Stage 2 uptrend, indicating upward continuation. 5. The recent reduction in volume suggests diminished supply in the market. 6. Many stocks start showing traction based on my own stock continuum. 7. We are in the early phase of a larger bull market cycle, adding tailwinds to individual stock movements. 8. The market shows a constructive advance, with 55% of stocks trading above their 200-day moving average, indicating underlying market health. 9. Significant volume on the breakout, supporting the move’s legitimacy. Considerations: Risk should be managed properly given the stock's sharp ascent and potential for profit-taking. This is a textbook cup with handle formation which immediately showing its strength. The stock up 11% from my buy point today. I'll be closely monitoring its behavior to assess its ability to hold and build on these gains.
IDX:TPMALong
by rifqonr
ALDO - CUP WITH HANDLEIDX:ALDO (CUP WITH HANDLE) 28-10-2024 (+): 1. Low risk entry point, first time the stock showing it’s buying point 2. Volume dries up on handle 3. Stock showing it’s strength while market is corrected 4. Price above MA 50 > 150 > 200 over 10 weeks 5. Price is within 25% of 52 weeks high 6. Price is over 30% of 52 weeks low 7. 200 day MA trending up over 1 month 8. RS Rating is over 70 (82) (-): 1. Not really confirmed Stage 2, there is high that need to break out at price 520
IDX:ALDOLong
by The_small_money
BDKR - CUP WITH HANDLEI bought my positions today October 9, 2024 Key factors: 1. Low-risk entry point. 2. Established a clear Stage 2 uptrend, indicating positive momentum. 3. Breaking into its all-time-high. 4. High relative strength, the stock went up +80% compared to a modest 11% increase in the index. 5. The recent reduction in volume suggests diminished supply in the market. 6. Many stocks start showing traction based on my own stock continuum. 7. We are in the early phase of a larger bull market cycle, adding tailwinds to individual stock movements. 8. The market shows a constructive advance, with 48% of stocks trading above their 200-day moving average, indicating underlying market health. 9. Significant volume on the breakout, supporting the move’s legitimacy. Considerations: While the stock exhibits a solid technical foundation, the breakout is not as robust as typically expected for a stronger move. This is a textbook cup with handle formation which typically precedes further price appreciation from the entry point. I'll be closely monitoring its behavior to assess its ability to hold and build on these gains.
BLong
by rifqonr
TOBA Potential Buy1. Trend Confirmation: Identified a Change of Character by the break of the previous high at 312 & 500, indicating a reversal in market sentiment and a new bullish trend. 2. Fair Value Gap (FVG): On the Weekly chart & Daily Chart, identified Fair Value Gap between 470 - 496. 3. Trade Execution Entry Price: TBA if price entered FVG SL: 460-474 (below Daily & Weekly FVG) TP1: 1050-1070 (Fibo 161.8%) Risk-Reward Ratio (RRR): 1:8 Monitoring: Check-in daily closing price 4. Outcome: Exit Price: Profit/Loss: pips ------------- Disclaimer The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
IDX:TOBALong
by Phoenix-Rise-Trade
ASII Buy Trade Setup1. Trend Confirmation: Identified a Change of Character by the break of the previous high at 4830, also the break of previous downtrend, indicating a reversal in market sentiment and a new bullish trend. 2. Fair Value Gap (FVG): On the Weekly chart, identified Fair Value Gap between 4790 - 4940. 3. Trade Execution Entry Price: 5100 ( Long Bullish Bar on 21 Oct 24) SL: 4770 (FVG) TP1: 5900 Risk-Reward Ratio (RRR): 1:2.4 Monitoring: Check-in daily closing price 4. Outcome: Exit Price: Profit/Loss: pips ------------- Disclaimer The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
IDX:ASIILong
by Phoenix-Rise-Trade