PT Primadaya Plastisindo Tbk
Long
Mis à jour

PDPP - CUP WITH HANDLE

155
I bought my position today
August 8, 2023

Reasons:
1. Low-risk entry point
2. Coming from a classic cup and handle
3. Good shakeout on the handle area
4. High relative strength line
5. It is in a confirmed stage 2 uptrend
6. Volume dries up, indicating less supply coming to the market
7. Huge volume on the breakout

Flaw:
No identifiable flaws this far

I'm expecting some follow through and constructive price action in the upcoming trading days.
Transaction en cours
I reduced some positions today after it underwent some violations.
Trade fermée: ordre d’arrêt atteint
I got stopped out at -7% loss in this trade. So many violations and my stop is also triggered.

Trade closed on August 16, 2023.

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