I bought positions today The reasons: 1. Low-risk entry 2. Long base, 31-week Cup and handle 3. Near all-time-high back to 2015 4. 7 years long base setup 5. VCP characteristics Flaws: 1. Bad fundamental standpoint 2. Lack of volume on the breakout If you draw a line back to 2015, you will see the line of supply near the all-time high. This is the main reason...
NB: DO MIND that These analyses I posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
NB: DO MIND that These analyses I posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
MIKA now in consolidation phase. You can buy when price at support 2300. Cutloss if break 2250. Resist 2440