LIC
- First time doing a written analysis on LIC
- Stock has a good history of uptrends
- 1st resistance (purple dotted line) – consolidated sideways for 4 months while still somewhat respecting the mid-term support
- 2nd resistance (blue line) – consolidated sideways for 1.5 months while still somewhat respecting the short-term line
- After breaking out, stock has had weak tests of the short-term support
- Today’s nice bullish pin bar after a strong test of the short-term support is accompanied by above average volume -> good
- After seeing today’s price action, I was tempted to get into the stock
- Unfortunately, there is no good setup for entry unless you use intraday strategies
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a better setup for entry
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Text me if you have any questions/feedback for me.
- First time doing a written analysis on LIC
- Stock has a good history of uptrends
- 1st resistance (purple dotted line) – consolidated sideways for 4 months while still somewhat respecting the mid-term support
- 2nd resistance (blue line) – consolidated sideways for 1.5 months while still somewhat respecting the short-term line
- After breaking out, stock has had weak tests of the short-term support
- Today’s nice bullish pin bar after a strong test of the short-term support is accompanied by above average volume -> good
- After seeing today’s price action, I was tempted to get into the stock
- Unfortunately, there is no good setup for entry unless you use intraday strategies
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a better setup for entry
-----
Text me if you have any questions/feedback for me.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.