LIONIND trade ideas
Ichiimoku studiesBuy condition on 21.09.2016:
THE PRICE MUST BE 0.2>=0.8 !
price and chikou is > all(MA 200, cloud, TK )
future cloud is green
T>K
buy tomorrow open
Stop Loss:
MA / Tenkan / Kijun / flat cloud
Sell condition:
Volume bar decreases. sell the next day, 20th.
Reflection:
Need to set SL properly.
I think this strategy needs serious filter. I see lots of good opening, but ends up losing because of late/early entry or stop loss.
Needs to research more.
Short term setup with good RRRLIONIND could have short term gain with good RRR (Risk Reward Ratio),
Set tight stoploss so you don't get caught by losing position,
EP: 0.235
SL: 0.225 (-4.26%)
TP1: 0.265 (+12.77%)
TP2: 0.280 (+19.15%)
George Soros once said “It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong”.
EASY123 Prediction @MYX LIONINDLife is simple...Trade with Simplicity!
*The trend direction: Uptrend. (Must not break the S2 to maintain the trend)
*The Bottom signal (White bar) sighted on 04-Dec.
*Price tested the lifeline (Redline) & close slightly below.
*The Bell alert appeared on 10,12-Dec, a signal continuation of momentum.
Prediction: Correction back to immediate support S1. Candle seems formed a Symmetric triangle.
Wait to break the triangle to 1) Correction or 2) Rally Wave#3
Preference Strategy: Swing trading (Buy/Sell Signal)
Target Price: RM0.48-0.50 or Protect your profits at the respective Resistance levels.
Cut Lost: If broke below the respective Support levels.
*Reminder TP & CL is an individual preference & decision. No fix rule or guideline for it.
[stereobiru] LIONIND Trading Idea Refer chart for the LIONIND Trading idea
- Note that the current trend is still in downtrend. Probably they will have some technical rebound
- Strategy can be short/mid/long term and Target Price (TP) you can decide on your own
- Target risk : reward is 1:2
Price at support> Price at support channel @ 0.425 and rebound to 0.435.
> Beware of price at this support
> QR report come out at 30 th August. Previous QR report is bad.
> bad QR report will affect price and might go to next support.
LIONIND (4235)From the diagram, A zone where price is deemed WEAK in the short term period. Only progressive rebound can be seen trading in the short term. But failing to SURPASS the RALLY POINT will only put the price into a longer term of downtrend price action.
LION IND (31.10.18 TO 09.11.18)Potensi untuk bentuk Pennant chart pattern. Volume masih ada. Tunngu breakout & ride the trend.
Sekadar berkongsi idea. Bukan buy call.
Pakcik Saham-LION INDUSTRIES 4235Lion Industries is uptrend counter need more patient to get better result.
My TA criteria
Now price is consolidated at descending triangle pattern.
Buy On Breakout Entry when breakout this pattern. Cut loss if below 0.925 or below EMA 50,
or Buy On dip if price f
1. Reversal candle appear
2. stochastic oversold
3. Retrace at Fibo 38.2 or 61.8%
4. Between EMA line
My FA criteria
1. EPS growth current Qtr compare last 2 Qtr
2. EV/ EBITDA < 8= LION only 2.8( 29/9/18) EV/EBITDA
3.Net Profit improve NP
4. Revenue
LION KING IN THE MAKING Super rally in Aug! Over 40% gain if u bought at the breakout
Pullback from recent high and price action still shows selling, but with 38.2 lvl at 1.04 and EMA 20 (Blue) & EMA 200 (Orange) around 1.00 region. Price unlikely to break lower than 1.00. My take is that 1.00 psychological level would be the demand zone.
An entry around 1.02 would be conservative. As next coming support at 0.950
TP 1 : 1.20
TP 2 : 1.28 / Most recent high.
