LONG - APCOTEX IND
Bought: 30 Shares @ 336 - 1st lot
AWAP: 309
SL: 302
Early Exit: RS < 50 EMA / RSI < 50
T1: 423
T2: 498
T3: 619
Value:
- Price Breakout from VCP & taking support @ RS 50 EMA
- Price above VWAP and Supply Zone 10 EMA & 20 EMA
- RSI above 50 level
Trigger:
- RSI Hidden Divergence followed by Price BO from VCP
- Enhanced Volume
- Deliveries: Daily deliveries are higher than 10 moving average
- RSI & RS Reversal is confirmed
- RS (1W) +VE
- RS (1M) +VE
- RS (3M) +VE
- +ADX @ 15 - Trend is forming.
2nd lot confirmation
- Break out above 350 (Super Trend)
- Follow-through
AWAP: 309
SL: 302
Early Exit: RS < 50 EMA / RSI < 50
T1: 423
T2: 498
T3: 619
Value:
- Price Breakout from VCP & taking support @ RS 50 EMA
- Price above VWAP and Supply Zone 10 EMA & 20 EMA
- RSI above 50 level
Trigger:
- RSI Hidden Divergence followed by Price BO from VCP
- Enhanced Volume
- Deliveries: Daily deliveries are higher than 10 moving average
- RSI & RS Reversal is confirmed
- RS (1W) +VE
- RS (1M) +VE
- RS (3M) +VE
- +ADX @ 15 - Trend is forming.
2nd lot confirmation
- Break out above 350 (Super Trend)
- Follow-through
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