rifqonr

SSMS - CUP WITH HANDLE

Long
rifqonr Updated   
IDX:SSMS   SAWIT SUMBERMAS SARANA TBK
I bought a position today

The why I bought the stock:
1. Low-risk entry
2. Long base Cup and handle pattern
3. A decent reported earnings
4. High relative strength
5. The stock has VCP characteristics.
Trade active:
If it can pause for at least a day or two below the 1555 level, I'll consider pyramiding up my position.
Trade closed: stop reached:
I add to my position in the morning. Then near the closing day, I get out of my entire position due to bearish engulfing for a -4.5% loss.
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