Entry conditions:
(i) higher share price for
KAR above the level of the potential outside week noted on 14th March (i.e.: above the level of $1.595).
Stop loss for the trade would be:
(i) below the low of the outside week on 11th March (i.e.: below $1.465), should the trade activate.
(i) higher share price for
KAR above the level of the potential outside week noted on 14th March (i.e.: above the level of $1.595).Stop loss for the trade would be:
(i) below the low of the outside week on 11th March (i.e.: below $1.465), should the trade activate.
Trade ist aktiv
UPDATE (week ending 21-Mar): Trade activated 17th March as share price hit $1.60, with share price closing above both 10 and 30 day MA's at the end of the trading week.Anmerkung
UPDATE (week ending 28-Mar): Share price appears to be trading between the range of a prior resistance (now support) area of $1.61 from the open of 6th February 2025 and $1.68 from the open of 4th October 2024, whilst closing above both 10 and 30 day MA's at the end of the trading week. Depending on risk tolerance, charts suggest that traders/investors may wish to retain their current stop at the level below the low of the outside week as per initial entry conditions (i.e.: below $1.465) or raise the stop to another prior resistance (now support) area of $1.56 from the open of 3rd February, which aligns well with the recent test of the 10 day MA on 18th March.Trade geschlossen: Stop wurde erreicht
UPDATE (week ending 04-Apr): Depending on risk tolerance, as discussed in last week's comment, trading stops were breached on either 3rd April or 4th April, and would've prevented catastrophic losses by the end of trading at the end of the week (considering the extreme bearishness of trading on the Friday for the energy sector).
Join the socials here:
ivorywolf.start.page/ (Facebook / Telegram / YouTube)
Like/join/subscribe for the latest stock/crypto coverage!
...
ivorywolf.start.page/ (Facebook / Telegram / YouTube)
Like/join/subscribe for the latest stock/crypto coverage!
...
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Join the socials here:
ivorywolf.start.page/ (Facebook / Telegram / YouTube)
Like/join/subscribe for the latest stock/crypto coverage!
...
ivorywolf.start.page/ (Facebook / Telegram / YouTube)
Like/join/subscribe for the latest stock/crypto coverage!
...
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.