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KLSE11Batch
Oct 1, 2020 7:02 PM

NLCS - One more resistance to break Long

QSE:NLCS1D
NATIONAL LEASING HOLDING QPSCQSE

Description

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NLCS re-attempt to break the ATH @ 1.19
The sky will be clear and price will rally to make new ATH.

Comment

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Comment

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Today, NLCS established new all-time-highs at QR1.34

Trade closed: stop reached

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Good time to re-entry once the solid support is confirmed and it will mark the accumulation phase started. Target support is at 1.13
Support and ResistancebudakmelayumainsahamqatarqseNLCS
Comments
Rookie7567
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Any ideas for November December for Nat leasing... Ezdan?
KLSE11Batch
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Alhamdulillah...it goes well as expected.
omar_shahbal
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Well analyzed, indeed as mentioned.

@KLSE any suggestion until what price it will be an up-trend ? or Stop Loss?
KLSE11Batch
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@omar_shahbal, I think there will be profit taking around opening tomorrow and price will retrace back to a previous low before resuming in the direction of its trend.
Potential good entry at the dip, but this strategy is only applicable for the short-term trader.
omar_shahbal
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@KLSE11Batch, applause 👏🏼 Precisely as mentioned.

Took profit in first hour of opening at 1.356. Couldn’t catch the peak at 1.390-ish.

May you please suggest the potential entry level.
Many Thanks 🙏
KLSE11Batch
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Congrats @omar_shahbal.

Yes, it reached a new ATH of 1.39

I think the potential re-entry price would be around 1.29-1.30 as this is the nearest support.

omar_shahbal
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@KLSE11Batch, your targets are amazingly in place.

Entered the trade in between of your suggested range at 1.295, and within the same day trended up to 1.325 approx.

Would you please recommend to take the pofit at last peak (1.390) or the stock will cross that price ?

Thank you
KLSE11Batch
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@omar_shahbal, hold your position if the closing price still above the 1.26
Selling momentum was strong today with bearish divergence.

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