mongacoin

bullish tri-star Razer Stock!

Long
HKEX:1337   RAZER
HKEX:1337
Type: Long
Entry: Long above 1.85
Stop: 1.74
TP: 2.21 or riding the trend!

- triple doji (rare bullish signal)
- Ending wave diagonal followed by impulse
- Wave 1 and 2 completed looking for a 3

Fundamentals
- Company recently IPO-ed last year Q4 dropped 60%
- Development of Razer phone, RazerPay
- Recently share buyback was announced
- Company is still running at a loss, however cashflow is strong due to IPO

Comments

you still in this trade?
Reply
@loar, got out at broke even.
Reply
loar mongacoin
@mongacoin, smart. Honestly see this going to $0.50 HKD which is the book value before it moves higher.
Reply
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