Lets see if this turnaround stonk can provide a pullback buy. Its pulled back into the 8 day ema. looking for it to take out the 67 price level and move up again on volume. Not a high probability setup for me, so managing risk accordingly.
Just noticed the open this morning and the relatively large volume test of the lows and then got bought up. Now trying to form a low base and I think that theres enough resistance at 13.35 to speculate a buy could offer great r:r if it breaks this level on volume.
Picked up a few here at 37, looks to me like they've had some decent industry testing in Singapor. 2020 IPO, so hopefully might shape up for a break of 39? and test the 50 IPO price?
Not too shabby. 120M soi. Company seems to have a few irons in the fire, of a material nature. Lets see.
I couldn't bring myself to buy this yesterday with armageddon around, but couldn't not today at 93. With the dollar capper in place should flag here hopefully for an add. ++
They say you should look for stocks with relative strength in bear markets. tick.
boi. Tough week, prices were all over the shop. But I studied the overall accumulation on this one, and prior to the Evergrande dump, seemed like there was strong accumulation. So, as long as no unforseen market selling, this is going way higher if it breaks that 780 level next week.
I apologise for the rampant ramping using the plane. but if this breaks that trendline on volume and moves through that 17 level on volume this could fly. I wouldn't be surprised if news catalyst is required. even better if it moves withouth news.