Ready to breakIn recent days, buyers have been soaking selling into 21c. Looks like the sellers are just about done now.
Growing top line by 60%pa over the past few years. Despite the de-rating of tech and microcaps, the share price has been churning sideways as multiple compression plays out. But soon there will be nowhere to compress to, and the spring will bounce!
DSE trade ideas
Possible DSE ASX long position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1 - 3 weeks
Actions on -
A – Activating Event
Market will find support in zone @ Current Levels - .... and move to the 0.045 . In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 0.045
ASX:BSE
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.045
Target 2 @ ....
Risk/Reward @ 2.5.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
