lapu star breakoutVolume is one of the most important factors to consider when confirming a breakout. A breakout accompanied by high trading volume indicates that there is strong market interest, and the breakout is more likely to be genuine. Low volume breakouts, on the other hand, may be false and eventually lead to a reversal.
SELAN trade ideas
SELAN -Bullish SetupStock name - Selan Exploration Tech. Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - A
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
Investing idea based on Elon Musk statement on oil & gasElon Musk says the world still needs oil. “Realistically I think we need to use oil and gas in the short term, because otherwise civilization will crumble," Musk said on the sidelines of an energy conference in the southern city of Stavanger.
Based on that statement and recent trend in crude oil couple of ideas can be picked up for portfolio as the sector is quite undervalued. Added couple of stocks in my portfolio. The details are there in my blog (link in bio).
SELAN EXPLORATION GOOD BUYING ZONEDISCLAIMER
ALL INFORMATION GIVEN HERE IS LARGELY BASED ON TECHNICAL ANALYSIS WHICH IS HIGHLY DYNAMIC IN NATURE AND RELEVANT ONLY AT A PARTICULAR POINT OF TIME. USERS ARE ADVISED TO PURSUE THESE RECOMMENDATIONS ONLY AT THEIR OWN RISK AND FIRST CONSULT THEIR PERSONAL INVESTMENT ADVISOR WHEN MAKING INVESTMENT DECISIONS. WE ARE NOT LIABLE AND WE TAKE NO RESPONSIBILITY FOR ANY LOSS THAT YOU INCURE BY TRADING/INVESTING ON OUR RECOMMENDATIONS.THESE CHARTS ARE POSTED FOR EDUCATIONAL