I've had my eye on the Semiconductor name for awhile now. I decided to do a little bottom fishing with what I think is a very low risk entry. This bounced off the 200 DMA today and I'm looking for it to hold and continue to bounce. If not I'm out on a close below LOD which would also be under the rising 200DMA. This is a very small position as it is " bottom fishing." Who knows where the bottom may be?
This has also been basing for about 206 days now or almost 7 months. As the old saying goes: (paraphrasing) the longer the sideways move the bigger the breakout / breakdown move. Ideas, not investing / trading advice.
This has also been basing for about 206 days now or almost 7 months. As the old saying goes: (paraphrasing) the longer the sideways move the bigger the breakout / breakdown move. Ideas, not investing / trading advice.
Nota
9/1 Added small here @ 12.22. So far so good. Same stop, close below 200 DMADagangan ditutup: hentian tercapai
9/7 Well, that trade did not work out. Closed below 200 day so closed out at 11.75
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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.