Entry conditions:
(i) lower share price for
AUI along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $11.20 (open of 28th July).
Depending on risk tolerance, the stop loss for the trade would be:
(i) above the potential prior resistance of $11.55 from the open of 29th August, or
(ii) above the potential prior resistance of $11.72 from the open of 25th August, or
(iii) above the previous swing high of $11.76 from 22nd August.
(i) lower share price for
AUI along with swing of DMI indicator towards bearishness and RSI downwards, and(ii) observing market reaction around the share price of $11.20 (open of 28th July).
Depending on risk tolerance, the stop loss for the trade would be:
(i) above the potential prior resistance of $11.55 from the open of 29th August, or
(ii) above the potential prior resistance of $11.72 from the open of 25th August, or
(iii) above the previous swing high of $11.76 from 22nd August.
Emir iptal
UPDATE (week ending 17-Oct): Lower share price did not get tested during the week as per original thesis of entry conditions, and the share price rose above the 50 day MA a reasonable distance. Trade set up can be ignored this time around - we'll look for another trade instead.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Join the socials here:
ivorywolf.start.page/ (Facebook / Telegram / YouTube)
Like/join/subscribe for the latest stock/crypto coverage!
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ivorywolf.start.page/ (Facebook / Telegram / YouTube)
Like/join/subscribe for the latest stock/crypto coverage!
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.