A power play!
Updated
BUY
- There were multiple breakout entries for this
- Soared for 70% in 2021
- Keep observing for more entries
- Buy when it dips and put SL around 1.46
SELL
- Nail down profits/partial profits to protect the profits for early buyers (But, why sell when it’s a bull still?)
RATIONALE
- Tennis ball action – higher highs
- Very high momentum
- ATH
- Steel sector is doing strong
**the analysis is solely for my own references and learning
- There were multiple breakout entries for this
- Soared for 70% in 2021
- Keep observing for more entries
- Buy when it dips and put SL around 1.46
SELL
- Nail down profits/partial profits to protect the profits for early buyers (But, why sell when it’s a bull still?)
RATIONALE
- Tennis ball action – higher highs
- Very high momentum
- ATH
- Steel sector is doing strong
**the analysis is solely for my own references and learning
Note
indeed a power play
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