Bullish potential detected for TEA

Entry conditions:
(i) retracement back to short-term moving averages (8/15 daily EMAs), and
(ii) observation of market reaction at potential support area of $4.81 (from the open of 17th September 2025).

Depending on risk tolerance, the stop loss for the trade would be:
(i) below the rising 150 day moving average (currently $4.44), or
(ii) below the rising 200 day moving average (currently $4.25), or
(iii) below the rising VWAP (currently $4.12).

Ghi chú

UPDATE (week ending 02-Apr): Poor market reaction thus far at potential support area of $4.81 - "wait and see" - observe for any decent response with respect to indicators such as DMI/ADX and RSI in combination with ichimoku for confirmation of a positive move.

Giao dịch đang hoạt động

UPDATE (week ending 10-Apr): A speculative activation of the trade occurred on Wednesday, 8th April, with a successful test of the short-term moving averages and decent response with respect to indicators such as DMI/ADX and RSI in combination with ichimoku.

Ghi chú

UPDATE (week ending 17-Apr): Excellent share price activity occurred towards the end of the trading week for TEA, with a successful test of prior potential resistance of $5.12 from October of last year, with the share price closing just beneath prior potential resistance of $5.30 from November of last year - the charts now offering opportunity to take a small piece off the table and raise stops to either:

(i) break-even near trade entry or just beneath prior support of $4.81 from September, or
(ii) [for more aggressive traders] beneath prior resistance, now support, of $5.12 from October.

Ghi chú

UPDATE (week ending 24-Apr): Another excellent week of share price activity for TEA which saw the share price proceed successfully through former resistance levels of $5.30 and $5.37 from 20th November and 13th November, respectively. Charts suggest considering taking another small piece off the table and raising profitable stops to beneath the former resistance level (now potential support) of $5.30 to allow some 'wiggle room' for further potential movement. Congratulations on a terrific trade!

Ghi chú

UPDATE (week ending 01-May): A consolidation week of price action for TEA this week, which is not unusual for a chart following an explosive move the prior week. Charts are not suggesting a change from action from last week's note.

Ghi chú

UPDATE (week ending 08-May): The share price reached new highs after bouncing off short-term moving averages, allowing traders and investors to take a small piece off the table, if desired. Charts suggest maintaining profitable stops at the level beneath the former resistance level (now established support) of $5.30, or beneath the rising EMA 15 day moving average (currently $5.50), depending on individual level of aggression. Congratulations on a terrific trade, for sure!

Ghi chú

UPDATE (week ending 15-May): Another terrific week of share price performance for TEA allows traders and investors to raise profitable stops further, with charts suggesting the level to consider being below the recent swing low of $5.65 from 13th May, or beneath the rising 15 day EMA moving average (currently $5.74), depending on individual level of aggression. Congratulations, once again, on a terrific trade!

Đóng lệnh: dừng lỗ

UPDATE (week ending 22-May): Stops may have been triggered on Monday 18th May by the wide trading range, but if not, then the charts suggest raising the stop to a level beneath the rising 15 day EMA from this point onwards and keeping the stop tight accordingly. Such violent range action may indicate potential 'shake outs' occurring, which warrants close risk management. Coverage ceased, but congratulationson a terrific trade overall!

Ivory_Wolf

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Ivory_Wolf

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