CPALL price is in the important support zone 54-51. If the price cannot break through the 51 level, it is expected that there is an opportunity for growth. Consider buying a red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
Price action and chart pattern trading > A potential mega bull flag major 4 wave breakout & retest SMA200W for entry opportunity > Target: 1.414 - 1.618 fibonanci extension +15-20% > Stop: -7 - 8% SMA20W - 50W zone > RRR: 2:1 minimum Always trade with affordable risk and respect your stoploss
EVERYTHING IS ON THE CHART (THIS STOCK IS MOST DIFFICULT TO PLAY, IMHO) I ONLY STUDY NOT TRADING IT. PLEASE DYOR :) . Feel free to comment / feedback n share ur idea
Before we buy wait for the candlestick to enter the 56.75 support zone.
DDM Model G,3% 15.20 5% 20.28 7% 29.90 10% 93.37860781 DCF : 220 PE : 93.37860781 (G=10%) PBV : 109.06 (G=5%) WACC 6.2% Growth 15.7% (ROE*(1-Payout))
I think this is what is going to happen as it did broke out but my predictions are still right. Lets take a good look on price action as it continue to be a down trend.