Accuracy in direction. I started with penny stocks then forex. Through it all I stuck with reading the charts and understanding it. I've used tradeview as a diary for myself.
Hello traders, AIHS is currently 0.6858. I would like to see it push down to around 0.6-0.57 and get rejection from that point. The reasons why I will take this trade are Firstly,We just broke bullish flag pattern. Secondly,We will retest 2 clear trend lines. Last one but not least It will retest the demand zone. We can see %40 upside in midterm.
Please support...
This swing trade idea is based on the indicator signals (orange squares)
Entry : $0.86
Stop : $0.81
Exit. : $0.98 (can go as high as $1.04-$1.07)
R/R : 1 to 2.4
Not financial advice .
see easy and self explanatory boxes on chart for Entry, Exit and Stop loss zones. Never chase any stock.
Not for any recommendation, Just an Idea. Like it >> Click 👍/comment, and follow.
I closed 3 trades today from my previous posts:(BGI +36% in 56 days, CNET +32% in 22 days, IDEX +66% in 13 days)
Also day traded LMFA for 53% profit today.
This one looks to be repeating itself, the last large candle bounce off the EMA 30 was a nice run and with this bounce plus the bouncing off support in the RSI and the Stoch it seems to be a good bet.
Here are 4 I think have big potential. Linked at the bottom is my idea of why I find these patterns attractive.
They all show an ascending triangle or wedge, at least 2 visual 'loop' patterns, and are small/micro cap companies, in fact $AIHS and $SCKT are <$100 mil
watching closely for cup and handle on AIHS
will either load at current price (1.29) and set a tight stop loss
or wait until pattern confirmation and load a little higher
ES:
Senmiao Technology Limited (AIHS) es una compañía china que se dedica al negocio de transacciones de automóviles y servicios relacionados, a través de servicios financieros.
El precio de su acción viene de una caída del 31.87% desde finales de Noviembre, atribuido a una toma de ganancias después del rally de ese mismo mes, ubicándose dentro de un canal lateral...
