rifqonr

FITT - POWER PLAY

Long
rifqonr Updated   
IDX:FITT   HOTEL FITRA INTERNATIONAL TBK
I bought the stock today (19.12.22)

The reasons I buy:
1. Low-risk entry
2. The stock is up >100% in less than 8 weeks
3. Good-looking power play setup
4. Strong reversal as a supportive action on 13.12.22
5. Low volume in, high volume up

This is a classic power play setup with monstrous potential.
Trade active:
Reduced some positions today at -4.6% loss as the stock hits the ARB level.
Trade active:
Again, I reduced my position today at a loss. However, I might consider adding back to my position on pullback buy tomorrow.
Trade active:
I added into my position on a pullback buy today. A pullback to 20 MA and breakout level.
Trade active:
I reduced position today for pullback stop.
Trade closed: stop reached:
I cut all my position today at -3% loss.

Trade closed: 25.01.2023
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