I believe a double Bottom has already been formed and it is almost reaching the end of it's pattern. But I believe the cup pattern has still a bit more to go. After the entry at 120, I will sell 50% of the stocks at 128 or close to it.
If a pull back starts at 128 I will wait for the pattern to complete and to rise above 124 on Buy Area 2. Once again I will sell only 50% once it reaches Sell Area at Stage 1 (135).
On both buy areas I will keep 50% to sell at 150 or close to it.
If the pullback doesn't happen at 128, the BUY AREA 2 goes to the value of 135 and there will be only one SELL AREA 2 between 140 and 143.
Please share your thoughts.
Once again my readings don't mean they are true, they are just ideas. so always take your time to analyze.
If a pull back starts at 128 I will wait for the pattern to complete and to rise above 124 on Buy Area 2. Once again I will sell only 50% once it reaches Sell Area at Stage 1 (135).
On both buy areas I will keep 50% to sell at 150 or close to it.
If the pullback doesn't happen at 128, the BUY AREA 2 goes to the value of 135 and there will be only one SELL AREA 2 between 140 and 143.
Please share your thoughts.
Once again my readings don't mean they are true, they are just ideas. so always take your time to analyze.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.