BST @ 21 OCT 2021
Text me if you have any questions/comments for me.
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BST
- Previous analysis was done on 14 Oct (red arrow) - Suggested waiting for a successful breakout before plotting half-position entry
- Since then, the stock has shown an ascending triangle pattern and looks to have broken out successfully
- Oddly, the trading volume of this breakout is below the daily average
- I’m usually suspicious with Breakouts that are not accompanied by high trading volume
- Price is far from the short-term support
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a retracement and successful rebound
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BST
- Previous analysis was done on 14 Oct (red arrow) - Suggested waiting for a successful breakout before plotting half-position entry
- Since then, the stock has shown an ascending triangle pattern and looks to have broken out successfully
- Oddly, the trading volume of this breakout is below the daily average
- I’m usually suspicious with Breakouts that are not accompanied by high trading volume
- Price is far from the short-term support
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a retracement and successful rebound
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.