1) Market Outlook - Global Market (green), KLCI (green) ~ Friday (12/4) closing
2) Sector Index - Tech (red) - Friday (12/4) closing
3) Technical Analysis - Selling pressure reducing w/ volume , I am aiming for a bounce off resistance trend line and resistance at 1.75
4) Fundamental Analysis - Strong fundamentals w/ 2 consecutive profiting quarters and bullish sector (Tech), mid term trade is feasible with next quarterly report in end of May 2019
Entry - 1.75 (risk to reward : 4.86)
Exit - 2.4 (+37.14%)
Stop Loss - 1.65 w/ high volume (-5.71%)
2) Sector Index - Tech (red) - Friday (12/4) closing
3) Technical Analysis - Selling pressure reducing w/ volume , I am aiming for a bounce off resistance trend line and resistance at 1.75
4) Fundamental Analysis - Strong fundamentals w/ 2 consecutive profiting quarters and bullish sector (Tech), mid term trade is feasible with next quarterly report in end of May 2019
Entry - 1.75 (risk to reward : 4.86)
Exit - 2.4 (+37.14%)
Stop Loss - 1.65 w/ high volume (-5.71%)
Order cancelled:
Did not reach entry price
Trade active:
Entry - 1.88 pin bar with high seller volume
Exit - 2.4
Stop Loss - 1.80 w/ high volume
Exit - 2.4
Stop Loss - 1.80 w/ high volume
Trade closed: stop reached:
bad quarterly report and trade war started