5GD.SGX_COC Trade_LongENTRY: 0.805
TP1: 0.900
TP2: 0.970
SL: 0.720
- ADX>20 but would like it to be >25 instead
- RSI<50 and would like it to be >50 to give confidence on COC
- RS -ve so slight risk
- FFI +ve
- COC on 11 Mar 2021 with good volume
- Breakout from HVN resistance yesterday with good volume
- Weekly chart looks good on reversal from support with good volume
- Watchout for price action near down-trendline
5GD trade ideas
<TradeVSA> SunPower Continue Mark-Up Stage after PullbackSign of Strength:
1. Accumulation with low volume and narrow spread bar
2. Green Pentagon with increasing volume
3. Pullback with no major weakness
4. Recently Green Pentagon indicates continuation of the trend
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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
