Potential outside week and bullish potential for SHG

Entry conditions:
(i) higher share price for
SHG above the level of the potential outside week noted on 29th August (i.e.: above the level of $0.355).
NOTE: Be wary of the market reaction on Monday, 1st September since the annual report was released after market hours on Friday, 29th August - don't chase the market if there is a severe gap up.
Stop loss for the trade would be:
(i) below the low of the outside week on 25th August (i.e.: below $0.305), should the trade activate.
(i) higher share price for
NOTE: Be wary of the market reaction on Monday, 1st September since the annual report was released after market hours on Friday, 29th August - don't chase the market if there is a severe gap up.
Stop loss for the trade would be:
(i) below the low of the outside week on 25th August (i.e.: below $0.305), should the trade activate.
Pesanan dibatalkan
UPDATE (week ending 05-Aug): Trade attempted to activate on Wednesday 3rd September, however the market reaction at the $0.36 level was poor, so this trade will be effectively abandoned.Detailed commentary/updates about trades (stocks, crypto & bonds) available:
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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.
Detailed commentary/updates about trades (stocks, crypto & bonds) available:
ivorywolf.start.page/ (Facebook / Telegram / YouTube / personal web-page)
Like/join/subscribe for the latest!
...
ivorywolf.start.page/ (Facebook / Telegram / YouTube / personal web-page)
Like/join/subscribe for the latest!
...
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.