Bullish
Fundamental
- High inflationary macro environment / fear sentiment
- Earnings don't looks favorable coming quarters
- Funds Accumulation
- Decent earnings
- Decent PE
- Decent PEG
- Positive P/FCF
- Weak Sector / Industry
- Covid lock down theme ?
Technical
- Momentum Theory Indicator - Seems like bottomed and making a reversal trend momentum
- Price action formation ( falling wedge )
- Yet to break downward Trend line
- Price still below 200MA
- Price above POC
Entry idea
- Entry idea was based on few confluences
- Rejection / retest of the trend line
- Price below 200 MA
Stop loss depending on entry and risk appetite. But always set meaningful stops.
”I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.”
Cheers and happy trading!
Fundamental
- High inflationary macro environment / fear sentiment
- Earnings don't looks favorable coming quarters
- Funds Accumulation
- Decent earnings
- Decent PE
- Decent PEG
- Positive P/FCF
- Weak Sector / Industry
- Covid lock down theme ?
Technical
- Momentum Theory Indicator - Seems like bottomed and making a reversal trend momentum
- Price action formation ( falling wedge )
- Yet to break downward Trend line
- Price still below 200MA
- Price above POC
Entry idea
- Entry idea was based on few confluences
- Rejection / retest of the trend line
- Price below 200 MA
Stop loss depending on entry and risk appetite. But always set meaningful stops.
”I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.”
Cheers and happy trading!
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.