Long
AT-WC (9/11/2020) runs amok
Updated
AT-WC begins Wave 3 @ 0.06, and its not stopping ever since. Extending Time based Fib to 238% of Wave 1, this wave could end at 0.165 and pullback for Wave 4 towards 0.13 (Fib Retracement 38.2%).This makes 0.12-0.13 a strong support zone.
Volume is extremely good, with banker chip 100% - to guarantee a good show.
Its motherstock MYX:AT has a heavy balance float (40% of 3162M shares), relatively compared to
CBIP (29% of 494M shares). This adds more friction for price action without sentiment. However, a positive sentiment especially on their ventures in Glove manufacturing has ever since accelerated the stock price up, with expectation production of 1.3B glove capacity starting in December-2020.
TAYOR guys !
Disclaimer: I’m a newbie trader practicing my understanding. Please help to feedback if you see any room for improvement. Thanks everyone.
Volume is extremely good, with banker chip 100% - to guarantee a good show.
Its motherstock MYX:AT has a heavy balance float (40% of 3162M shares), relatively compared to
CBIP (29% of 494M shares). This adds more friction for price action without sentiment. However, a positive sentiment especially on their ventures in Glove manufacturing has ever since accelerated the stock price up, with expectation production of 1.3B glove capacity starting in December-2020.TAYOR guys !
Disclaimer: I’m a newbie trader practicing my understanding. Please help to feedback if you see any room for improvement. Thanks everyone.
Trade closed: target reached
Today, it close @ 0.2 (+73%). Wow!It exceeds all my expectation and seems Wave 3 might still continue rally this few days prior to pullback.
With our TP1 and TP2 achieved, I will close this idea and create a new one
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