Technical Analysis & Trade Logic:
The Market Update: This is a crucial risk management update for SSGC. We are calling for immediate profit booking if you are holding short-term positions.
Our Original Stance: Please note that our primary focus and original call on SSGC was for a long-term investment holding. We did not officially issue a short-term buying signal.
1H Weakness: However, looking at the lower timeframe (1H chart), the price action is now showing strong structural weakness and buying exhaustion.
Management Action: If you personally took a short-term trade on this counter, it is highly recommended to book your profits right here. Secure your gains before a potential short-term pullback happens, while long-term players can continue to monitor their macro setup.
The Market Update: This is a crucial risk management update for SSGC. We are calling for immediate profit booking if you are holding short-term positions.
Our Original Stance: Please note that our primary focus and original call on SSGC was for a long-term investment holding. We did not officially issue a short-term buying signal.
1H Weakness: However, looking at the lower timeframe (1H chart), the price action is now showing strong structural weakness and buying exhaustion.
Management Action: If you personally took a short-term trade on this counter, it is highly recommended to book your profits right here. Secure your gains before a potential short-term pullback happens, while long-term players can continue to monitor their macro setup.
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.