JAN @ 16 NOV 2021Text me if you have any questions/comments for me.
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JAN
- Previous video analysis was done on 11 Nov (red arrow) - Suggested waiting for a successful rebound at around 1.24 before plotting entry
- Since then, the stock tested the short-term support and has successfully rebounded
- Today, it had a strong price action that was accompanied with above average volume
- Stock is now too far from the short-term support
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a retracement and successful rebound
JAN trade ideas
JAN @ 21 OCT 2021Text me if you have any questions/comments for me.
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JAN
- Previous analysis was done on 16 Sep (red arrow) -> Recommended waiting for successful breakout before plotting entry
- Since then, the stock drifted towards the mid-term support before breaking out yesterday
- The long tail above yesterday’s candle can be a concern but if the stock doesn’t fall below the $1 level (orange line), it’s too early to call it a false breakout
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a test of the $1 support and a successful rebound
JAN @ 16 SEP 2021Text me if you have any questions/comments for me.
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JAN
- First time doing a written analysis on JAN
- Trend only started looking good in Dec 2020 -> has some sideways movement that can test the patience of some mid-term traders
- Has been testing the psychological resistance of $1
- Stock is overstretched and quite far from the short-term support
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest breakout entry if comfortable with a potential sharp retracement