BUY - Above 4.18 for a possible trend reversal - Inverted hammer signified a possible trend reversal SELL - Make a tight SL within 4 – 5% - The possible interest hike (US) will give a boost to it although OPR should probably remain the same for FY21 RATIONALE - Trend reversal - But not much meat can be obtained unless one goes for long here for div...
BUY - AVOID but - Buy above 5.11 and plan to hold long with tight SL (not recommended) - Recovery in Nasdaq might help to boost the stock price in short term but the stock is in overall weakness for the last 26 days - More time is needed above 5.11 for a proper base to be formed – confirmation is needed around 6.25 and 6.57 SELL - Make a tight SL above 5.11...
- since the consolidation, it has gone up for more than 450% - in order to trade this, one has to have a plan for entry and exit - confirmation was available for several entries if one pays attention for breakout - the uptrend was exhausted and it's now on downtrend - avoid this unless your price is low **this is solely for my own references and learning
BUY - under 6.00 with a stoploss when it breaks the lower trendline - average up if it breaks 6.10 and 6.25 with increasing volume SELL - there are multiple resistance from the previous bull cycle since last year - nail some profits if it can't break the resistance RATIONALE - the recent sell-downs were because of the possible hike rate and overvaluation...
BUY - above 5.00 as long as it's still above the trendline SELL - below 4.90 once it breaks the trendline - huge selling volume might pose more sell-downs RATIONALE - the long upper shadow and 5.43 is a great resistance - however, the stock is still on uptrend albeit a bumpy one with a possible VCP forming - another two weeks might be needed for a clear...
BUY - Looks like a healthy uptrend but confirmation is needed at around 6.00 – better entry at 6.00 with sufficient volume - Bullish flag and breakout at 5.45 - Beware of multiple resistance up north SELL - Sell when it breaks the current steep trendline – high chance of consolidate to form a Stage 1/base RATIONALE - COVID-19 seems doing a comeback and...
BUY - Buy at 510 – textbook VCP pattern – if it’s able to break 535 – there will be more strengths - However, vcp is not a biblical pattern – market sentiment is important – enough volume during the next few days will push it higher SELL - Nail down profits according to your own plan RATIONALE - Whole steel sector is doing great - Took around 140 days to...
BUY - When it breaks the trendline – indicates a reversal - Lower trendline shows an uptrend – reduced volume indicates reduced volatility after the sell-downs in March 2021 - Add more positions if it’s able to break 3.59 - A multibagger for long term position – short term wise, there are better options - Involvement of large institutions makes short term...
BUY - Not recommended when it’s on a downtrend within a channel SELL - Cut loss immediately to be in cash position RATIONALE - Support can be broken easily - Chart would have shown the reasons ahead of any announcement - Do not fight with the tape - Possible entry was early in the beginning of the year at around 2.8 after establishing a base for almost...
BUY - Best entry was at around 2.36 after it broke the base after the previous hike - If it’s able to sustain around 2.6 – there is a possible entry to challenge the previous resistance - Doji indicates uncertainty – give the stock a few days to find direction SELL - Nail down profits around ATH to protect the profits RATIONALE - An overall healthy...
BUY - Need not to rush for the entry since it’s still on a short to middle term downtrend - Best possible entry should be above 445 or better, 460 when it breaks the neckline - If one wish to pick it down low, buy it when it’s still above the trendline but be ready to cut loss once it breaks the lower trendline SELL - Those who bought at the top would have...
BUY - Give it a few more days to sustain above .700 - Took around 120 days to build a base and it is challenging the previous high at .700 - Buy around .700 - Better entry was when it broke .615 SELL - Nail down profits to protect the profits - Possible establishing higher highs since it’s on 52w high stocks’ list RATIONALE - Trend reversal is seen on...
BUY - There were multiple breakout entries for this - Soared for 70% in 2021 - Keep observing for more entries - Buy when it dips and put SL around 1.46 SELL - Nail down profits/partial profits to protect the profits for early buyers (But, why sell when it’s a bull still?) RATIONALE - Tennis ball action – higher highs - Very high momentum - ATH...
BUY - Best entry was the breakout at 1.56 - Observe for a few more days for a suitable entry since there are long upper and lower shadows – high volume and long lower shadow indicates strong buying - SL for next entry is around 1.63 SELL - It’s a bull – let it run and nail down profits accordingly RATIONALE - Breakout after the 50d base with sufficient...
BUY - There were a few entries after some pullbacks and breakouts at 1.00 and 1.42 - 1.30 was a fake breakout – one might be stopped out if chased the breakout at 1.30 – the base wasn’t strong enough - Entry at 1.42 after a 39b was the better choice with lower volume which indicates less volatility SELL - It’s a bull – let it run and nail down profits...
BUY - Buy around 1.77 after the breakout from the consolidation - Best entry was at the breakout of 1.63 with two inverted hammers which signified a shooting star and gravestone doji afterwards - However, it rebounded after touching 1.63, opened at 1.64 and straight towards 1.77 SELL - SL is around 1.70 - Observe accordingly since there are multiple...
BUY - Buy around 550 within the area between 550 and 575 - If it can’t break 590, it might go back to the range of 550 – 575 in hope to forming a lower level of volatility of less then 7% - shake out the previous hands in Jan & Feb (+90%) SELL - SL is around 515 with a -7% - Observe accordingly since there are multiple resistances from years back RATIONALE...
BUY - Buy when there’s a pullback between the range of 1.04 and 1.14 SELL - Make a tight SL since the north hiking takes only 15 days - The few red candles are aggressive but interest is intact - Observe accordingly since there are multiple resistances from years back RATIONALE - Trend reversal - Be careful as this sentiment aligns with the rise of...