KOD trade ideas
KOD (LSE) - Move slowGreetings
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Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
KOD (LSE) - Move slow
PromisingCurrently, in a macro downtrend but with a present boom on green energy and a favourable decision made by the government regarding EV, everything may change very quickly. Slowly growing with a massive chance of breaking and reversing the current trend. However, it's still a gamble but with good odds IMO.
Possible Descending Triangle PatternThe trend lines in black suggest a descending triangle formation. The red trend line is possibly a current support line, as it was a resistance line previously, a support line in 2016 (around September) and a past point of slight congestion (April 2018).
My attempt at a prediction is that it will rebound off of the support line and break out upwards from the descending triangle and confirm it as a chart pattern.
But, strategy wise, I would hold off from trading until a break out occurred as it's not certain as to whether it will rebound off the possible support and break out or drop in price further (or do anything else for that matter), so for that reason my strategy would be to wait for a breakout before considering trading.
KODAL Weekly BUY/LONG IdeaThis is my ideal for KODAL
I will be looking for buys around the 0.07 - 0.06 area , but I would need to see bullish action in the 1 hour chart before I take the trade in this area.
My short term target is 0.5958 but i think this is a stock that you should hold for a very long time, to really see the big gains.
KOD Crunch Time - Good Potential UpsideGood narrow price range with symmetrical pattern strangulation may stimulate some moves to the upside.
Typically the price action pattern is not a reversal pattern so positive projections need to be concidered.
Look for strong pushes to the upside breaking 0.35 followed by test of the next logical high at 0.50 area.
There may be some shallow price challenges below the 0.50 level before breaking higher, nice upside potential after that at 0.80.
Happy Hunting.
