THRIVEN trade ideas
THRIVEN - property08.08.20
sector property
all index above MA200
NP: 3,474->5,153->-5,447->-1,144
EPS: 0.64->0.94->-1.00->-0.21
vol: 1.77m (avg 937k)
MA:
- daily: MA20>price>MA50>MA200
- weekly: price>MA20>MA50>MA200
- plateau MA slope
- test MA200 on 28.05-15.06, 21.07-05.08 (both with low volume)
- monitor line on 05.06.20
- stage 2
- price on sideway since jan 2019
pattern: triple bottom (bullish signal)
- breakout at 0.240
candle:
- morubozu: 05.08. 12.06, 11.06
- upper tail: 06.08, 08.07, 19.06
- lower tail: 07.08, 14.07
- no gap
RSI 50.43
strategy:
1. DUT breakout
2. breakout MA50
3. long lower tail at support
aim:
1. breakout MA20 at 0.217
2. breakout pattern at 0.240
3. breakout 52w high at 0.480
EP: 0.215
CL: 0.195
*for entertainment purposes
<TradeVSA> Accumulation in Thriven...Take note on NS signal!Strength signal in the chart:
1. Green pentagon in accumulation
2. 2 NS signal at support
3. Good risk to reward trade
4. Good FA Rating by Smart Robie 5/8
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
