trading plan pani dailytrading plan pani daily buy 5075 sl 4570 tp 5875 disclamer onPby Tradermilenials0
PANI - POWER PLAYI bought my positions today September 25, 2023 The reasons: 1. Low-risk entry point 2. The stock is up >100% in less than 8 weeks 3. Corrected the least during the pause, less than 25% correction 4. Volume dries up as a sign of less supply coming to the market 5. High alpha stock with a low standard deviation 6. Good close on the breakout The flaw: The market is still in a hard-penny environment with only 36.7% of total stocks above the 200-day MA. I'm still trading small with a pilot position until I see some trades work out fine.PLongby rifqonrUpdated 111
PANI - CUP WITH HANDLEI bought my position today August 4, 2023 Reasons: 1. Low-risk entry point 2. Coming from a classic cup and handle 3. Bought initial position at the cheat area 4. High relative strength stock 5. It is in a confirmed stage 2 uptrend Flaw: 1. My latest personal trades are not working well 2. Stock squat and lack volume on the breakout I like to see a pivot reset and more constructive action in the upcoming trading days.PLongby rifqonrUpdated 0
trading plan pani weeklytrading plan pani weekly buy 1255 sl 950 tp 1800 disclamer onPby Tradermilenials0
PANI - BEARISH Towards next supportJust retracing on channel resistance, slightly went below the pivot point, my bias is still bearish along with Senkou span BPShortby Aki4Marin30
PANI bear trends continueWe expect the PANI trend to continue to bearish until the next support. Unless it breaks the trend, it's better to exit and wait until the market maker steps in and changes the direction. Then we continue to follow the trend. You can decide to buy on support level, until then don't try to catch the falling knife. Support 905 Next support 695 PShortby Aki4Marin30
Sample RetraceHere a sample of trend of pani trying to built, a red wick continuously followed by fractal. Will they recover that green wick?PLongby Aki4Marin30
Break out, will support can hold thisSupport just broke , will it continue further? Next support 11675PShortby Aki4Marin30
PANI Before Stock SplitTrend still bullish, but be aware with the upcoming stock split. I expect there will be correction post stock split, but depends on how buyer still keeping their interest into marketPby Aki4Marin30