Price is too low, company finance too good, I have resources you don't have, I know the guy who knows the guy, so you better get onboard with me, or lose it loser.
ENTRY: 1.67
SL: 1.92
TP: 1.415
- ADX>20
- Daily RS -ve
- Daily FFI -ve
- Weekly RS -ve
- Weekly FFI -ve
- Broke down heavily on 21 Feb 2022 and had been retracing since then but low volume.
- 25 Mar 2022 shows possible rejection of middle CPR and pivot point.
- Entry based on breakdown from monthly CPR today.
Has formed a massive inverted H&S pattern on the daily. The neckline is $4.28c zone whist the ATH is $4.50c zone. Be patient with this one as chances of a false break are high. So are chances of a retracement from the neckline. The pattern is notorious for such behavior
ENTRY: 3.28
SL: 3.48
TP1: 3.00
TP2: 2.64
- ADX<20. Would like to be higher.
- RSI<50,RSI>30
- Daily RS -ve
- Daily FFI -ve
- Daily MACD -ve
- Weekly RS N/A
- Weekly FFI -ve
- Weekly MACD -ve
- Breakdown from range and up trendline on 18 Aug 2021 first.
- 19 Aug 2021 showed buyers coming in but closed with a long head wick indicating possible sellers still in...
Check chart. Please see previous chart Feb 16.
Please note these are my own notes for future reference, by no means trading advice to anyone. Please do your own research before entering into any trade or investment.
Check chart
Please note these are my own notes for future reference, by no means trading advice to anyone. Please do your own research before entering into any trade or investment.
Quite a few stocks heading into the pre-covid high. Be interesting to see how they handle it. Should provide a decent consoldiation and buy opportunity.
