MY: PTRB analysis 30.5.24Price already move from fibo levels, High Risk can start to enter. Low risk can wait again for retracement if it happen again. Target TP at fib level 1.618 and 2.618.
P/s: This is not a Buy / Sell call. Please do due diligence before entering any trade. Potential to lose partial / full investment in high-risk instrument.
-No Success Without Action-
PTRB trade ideas
PTRB- notice a quite interesting price movement today
- this one i try experimenting with range trading style that i learn from experienced old man
- this stock had made a 3 price range that possible to go higher
- however, expecting a retracement is the way to teach us be patient and not to greedy
- target as projected
PTRB, can we against trend?Trend is our friend.
When price is heavy sell down, we should avoid it.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
PTRBPTRB (0196): Listed on the ACE Market; Consumer Products & Services, Frozen seafood products
The stock is trading above the MA200 and potentially breakout pennant at RM0.545. The current price is above the green transition Ichimoku Kajun line.
✅Current price: RM0.530
✅Entry: RM0.540 - 0.550
✅Stop Loss: RM0.500
✅Resistance: RM0.54/0.57
✅Technical Target: RM0.57/RM0.65/RM0.68
✅AmInvest TP: RM0.65
✅Risk Profile: Moderate
Hydra_X
21 August 2023
