Let's wait for the pullback to happen, find a nice bullish candle signal before initiating a long position.
Note that breakout does not means it must rides it way up. It could goes up a little before tumbling down to the support at 17.42. This support is crucial for the bullish continuation pattern.
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Mr Market tries to scare the weak buyers with a fake breakout....
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Twice, the market fools the buyers with a false breakout. This is normal. Now, we are sitting on the support at 17.42. Let's see if it will rebound from here.....
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3rd attempt breaking out of bearish trend line. wait for retracement before initiating long...
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support at 20 price level , can accumulate from here onwards
I really appreciate your tip on this one. Any suggestions on when to sell? Cheers
BtNd
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Is the competitors' growth affect the company? there are many same way companies coming out to the market
dchua1969
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@BtNd, Thanks for your comments. Please DYODD, what is suitable for me may not be for you. And yes, there are indeed upcoming competitors in this growing area but the early entrant like Ali Health will have a headstart.
skyyyyy2001
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Isn't this on a downtrend? Still worth looking at it?