Potential outside week and bullish potential for AUC

29 Mac

Entry conditions:
(i) higher share price for AUC above the level of the potential outside week noted on 28th March (i.e.: above the level of $0.56).

Stop loss for the trade would be:
(i) below the low of the outside week on 26th March (i.e.: below $0.515), should the trade activate.

5 Apr

Dagangan aktif

UPDATE (week ending 04-Apr): Trade activated 1st April, albeit on low volume, with the share price retracing backward for the remainder of the week along with the rest of the market. Trading activity did offer another opportunity at the end of the week to enter the trade at a lower price with a swing around toward bullish activity (outside day forming on the daily chart, increasing relative strength compared to the rest of the market, and 'up week' on the weekly chart with decent volume), although this trade is certainly speculative and not for the 'faint of heart'.

12 Apr

Dagangan ditutup: hentian tercapai

UPDATE (week ending 11-Apr): Stop activated on 7th April with a gap-down occurring in trade action.