Text me if you have any questions/comments for me.
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LIC
- Previous analysis was done on 27 Oct (red arrow) - Suggested waiting for a successful rebound to 23.50 levels before plotting entry
- Since then, the stock is stuck in No Man’s Land with the short-term average proving to be a resistance while the mid-term average is a strong support
- A strong break of the mid-term support would likely be a Structure Break
- A successful recovery looks to be around 22.60 levels
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry
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LIC
- Previous analysis was done on 27 Oct (red arrow) - Suggested waiting for a successful rebound to 23.50 levels before plotting entry
- Since then, the stock is stuck in No Man’s Land with the short-term average proving to be a resistance while the mid-term average is a strong support
- A strong break of the mid-term support would likely be a Structure Break
- A successful recovery looks to be around 22.60 levels
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.