Long
MINETECH - mining business
26.07.20
Index:
FBMKLCI / SPX / IXIC > MA20 > MA50 > MA200
DJI > MA200 > MA20 > MA50
Volume: 5.81M / avg 21.3M
Price/MAZ:
(D) > MA20 > MA50 > MA200
(W) > MA20 > MA50
ML on 25.10.19
Stage 2
Pattern: ascending triangle (uptrend)
Candle & tail: solid morobozu on 08.07.20
Strategy:
1. DUT BO at 0.305 (MA20)
2. all time high FBO at 0.350
FA:
latest QR EPS & NP negative
previous QR positive
Trading Plan
1. when to buy
BO DUT line: 0.305
2. when to sell
cross below MA50 (0.280)
3. when to not buy
if CP < DUT / MA50
4. when to not sell (when to hold)
as long CP / MA20 maintain above MA50
EP 0.300
CL1 0.270 (-10%)
CL2 0.24 (<MA50)
Index:
FBMKLCI / SPX / IXIC > MA20 > MA50 > MA200
DJI > MA200 > MA20 > MA50
Volume: 5.81M / avg 21.3M
Price/MAZ:
(D) > MA20 > MA50 > MA200
(W) > MA20 > MA50
ML on 25.10.19
Stage 2
Pattern: ascending triangle (uptrend)
Candle & tail: solid morobozu on 08.07.20
Strategy:
1. DUT BO at 0.305 (MA20)
2. all time high FBO at 0.350
FA:
latest QR EPS & NP negative
previous QR positive
Trading Plan
1. when to buy
BO DUT line: 0.305
2. when to sell
cross below MA50 (0.280)
3. when to not buy
if CP < DUT / MA50
4. when to not sell (when to hold)
as long CP / MA20 maintain above MA50
EP 0.300
CL1 0.270 (-10%)
CL2 0.24 (<MA50)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.