TRADE PLAN ENTRY -211/220 SL -195 TARGET --01-263 , TGT02--354 Hold For a Year or TGT 2
Chart Pattern : STOCK has recently broken out STRONG of a Flag Pattern on the DTF/WTF. INDICATORS EMA : The Price is Currently Trading above 20EMA, 50 EMA is lower than 200EMA in DTF. 20 EMA Has just crossed over the 50 and 200EMA indicating a Bullish Trend. STOCK EMAs are currently in process of aligning in a ascending order, indicating a transition from a Bearish Short Tem trend to bullish Trend on DTF/WTF.
FIBO E : Marking the FIBO Retracement on the Last Downtrend , The Prices has crossed 50% FIBO Retracement Level TODAY, with ChoCH at 192 on DTF and 211 on WTF..
Volumes: There is a uptrend in Volume on the Weekly Charts for 3 Weeks after the 32 weeks Retracement from the 11Months Bullish Streak.
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Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk apetite (Exit when price closes 7to8% below your Entry). Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended.
MTFA- Multiple Time Frame Analysis DTF -Daily Time Frame WTF-Weekly Time Frame MTF- Monthly Time Frame ATH-All Time High LTH -LifeTime High RBC&H-Rounding Bottom Cup/Handle BO- Breakout Close EMA -Exponential Moving Average FIBO R/E -Trend based Fibonacci Retracement/Extension SL Stop Loss TBD- To be Decided CHoCH- Change of Character Bullish/Bearish MSB/BOS -Break Out Structure FVG Fair Value Gap 20VMA -20Volume Moving Average SWING/POSITIONAL Trade
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