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kgiap123
Jul 13, 2020 1:20 AM

MAGNI Breakout Long

MAGNI-TECH INDUSTRIES BHDMYX

Description

Thin volume
Breakout from ascending triangle.
Slow Turtle Buy
ATOM Buy
FiFT +ve

Volume is not so impressive.

SL 2.22 if price false back into triangle.
TP 2.5

Trade closed: stop reached

price back into 2.22.. SL
and replan
Comments
HAIDOJO_trading
magni is a fundamentally-sound company
kgiap123
@HAIDOJO_trading, Wondering why average volume is so low...
HAIDOJO_trading
@kgiap123, probably ppl still worry abt the impact of covid-19 on its production on clothing...thrfore not much buying vol
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