Training 26/8/2020 - YSPSAHAny input @ feedback for me to improves in drawing the chart and writing down my trading plan is really appreciated. Btw, be nice please.. Thank you and have a great trading
YSPSAH trade ideas
YSPSAH - Short Pullback Into Dual EMA09-21 CloudPlease consider your own interpretation of Opportunity & Risk:
Green Arrow (Transparency = 0) = Representing Opportunity
Red Arrow (Transparency = 0) = Representing Risk
Green Arrow (Transparency = 30%) = Representing Alternate View for Opportunity, or less probable outcomes
Red Arrow (Transparency = 30%) = Representing Alternate View for Risk, or less probable outcomes
NO BUY CALLS OR INVESTMENT ADVISED ARE PROVIDED.
DISCLAIMER: This analysis is for educational and informational purposes only. It is based on my personal view in the market from a technical standpoint. None of information posted in this page can be used as investment decisions except for educational purpose only. Do not trade solely on the information posted in this page. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
PENAFIAN: Analysis ini hanyalah untuk tujuan pembelajaran & pendidikan sahaja dan bukan cadangan untuk membeli atau menjual stok atau apa jua jenis instrumen kewangan. Anda dinasihatkan untuk menghubungi remieser / dealer / bank pelaburan yang mempunyai lesen atau kelayakan yang sah untuk bertanyakan pendapat dan menguruskan pelaburan anda. Pelaburan dan perdagangan mempunyai risiko tinggi, dan ianya adalah Risiko Anda Sendiri.
Potential Trade Idea with Pullback Strategy - Y.S.P. Southeast (
Y.S.P. Southeast gaining a +14.6% since the 1st buy signal on 25 July 2018. Based on the chart above, we can identify several strength in the background:
1. No Sign of Weakness on resistance level indicates no seller or distribution
2. Price broke above resistance level by locked up the seller and formed 3 accumulation during the mark-up stage
3. Pullback pattern are well spotted during the 3 accumulations. Smart money tends to push the price lower with low volume to test potential seller before continue mark-up the price
What is Pullback?
A pullback is the temporary falling of the stock prices after it break above the resistance level usually with widespread bar and high volume. Pullbacks are widely seen as buying opportunities with lower risks as you are given a chance to buy at support level.
Currently Y.S.P. is trading near support level after price pullback with low volume and offering trader a low risk trade opportunity using pullback method.
