Potential outside week and bullish potential for SPR

19 Apr

Entry conditions:
(i) higher share price for SPR above the level of the potential outside week noted on 28th March (i.e.: above the level of $1.955).

Stop loss for the trade would be:
(i) below the low of the outside week on 25th March (i.e.: below $1.685), should the trade activate.

19 Apr

Dagangan aktif

UPDATE (week ending 17-Apr): Trade activated on 10th April after having tested the lower bounds of the outside week earlier in that week. After having formed a retracement earlier in the week having just passed, the share price has resumed the uptrend and now allows placement of a profitable stop below the higher low formed on 15th April (i.e.: below $2.04) in order to allow 'wiggle room' and room for the trade to 'breathe'. Congratulations on a terrific trade! Trade will now be moved to the 'further bullish potential' watchlist.

25 Apr

Dagangan ditutup: hentian tercapai

UPDATE (week ending 24-Apr): After a reasonable start to the week, the share price for SPR turned around suddenly on Wednesday and ran straight through the profitable stop for a decent profit - congratulations! Thank you to the market and move on to the next trade...