TRADER-WANNA-BE

U96.SGX_Bullish Pullback Trade_Long

Long
TRADER-WANNA-BE Updated   
SGX:U96   SEMBCORP IND
ENTRY: 2.88
SL: 2.75
TP1: 3.04
TP2: 3.20

- ADX<20. Would like to be higher.
- Daily RS +ve
- Daily FFI +ve
- Weekly RS +ve
- Weekly FFI +ve
- Moving averages are aligned.
- Stoch RSI rebounding off 30.
- Brokeout previously on 7 Apr 2022 with volume and retraced to resistance-turn-support area.
- 17 Jun 2022 hammer candle shows potential buyers coming in.
- Entry today based on >2% rebound off 10EMA with volume
Trade closed: stop reached:
- Hit adjusted breakeven SL: 2.93
- Continue monitor for reentry
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