Text me if you have any questions/comments for me.
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SNL
- First time doing a written analysis on SNL
- Has a history of uptrends
- Stock’s daily average volume is quite low -> can lead to strong sudden price movements
- Low average volume will also explain the stock’s price gap ups/downs
- Stock is forming a strong resistance at 8.30 levels (blue dash line)
- A successful breakout looks to be around 8.45 levels
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful breakout before plotting entry if comfortable with the low average volume
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SNL
- First time doing a written analysis on SNL
- Has a history of uptrends
- Stock’s daily average volume is quite low -> can lead to strong sudden price movements
- Low average volume will also explain the stock’s price gap ups/downs
- Stock is forming a strong resistance at 8.30 levels (blue dash line)
- A successful breakout looks to be around 8.45 levels
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful breakout before plotting entry if comfortable with the low average volume
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.