Technical Buy: BE: 0.220 CL: 0.210 5% TP: 0.240 or Breakout 14% Indicator have stable momentum and Price Struture Formed with less volumes Risk Reward 1:3, Index play the roles to Penny Stock . Take Note
Some hint come wit the Chart Pattern along the Trend. Indicator have Momentum Let see the Bull result.
Nice Breakout Pattern. Heavy Selling after Breakout. Wait for Retracement. Shall Monitor if there Good Sign Support in Price Action and Volume
Formed N Signal (Bull>Wash Buyer>Bull Less Seller). Next trading day with Gap Up green candle will confirm the Bullish, which this counter also rely to CPO price movement. LVN areas above, Market Cap is small. Hot Money In will run the Bull.
If next trading day show a small or big green candle with volume greater than today, a Uptrend may firm from Support Confirmation. Today volume is small and able to Buy Up due to less Seller after the "Long Wash"
No Buyer at Above, Gap Up with Volume higher than last day. Bull Rate : 4/5
Up trending and No Buyer at the Top. Continue Bull when Seller become Buyer. One "Changing Hand" show for high chance to Bull another levels. BE : 5.230 , TP 6.00 (depend Price Action), CL 5.00 Bull Rate: 4/5 Trade Skill: Hot Money as Market Cap is Big
From the Chart Analysis, A coming Bull may come after the First and Second "Noise" areas and Support after Price Action slowing down. You may notice a" Sudden Volume" with a "Silent" Price Actions (Hint). However, Penny Stock still react base on Index Performance, which Demand and Supply from Fear or Greed factors.
EG Chart Interpretation and Physiology of Buyer Movement. Best Trade Skills: Hot Money Trade most Safety or monitor (Best Entry) BE01 and BE02. Risk And Reward : Accepted.