PRIMADAYA PLASTISINDO TBK
Long
Updated

PDPP - PRIMARY BASE

79
I bought my positions today
February 14, 2023

The reasons:
1. Low-risk pivot point
2. The stock offers the first buyable base after an IPO
3. IPO base on low cheat entry
4. High volume breakout

The flaws:
1. The stock still needs to encounter a big supply on the left side
2. Stock squatted to pivot level

I like to see some follow-through in the upcoming days.
Trade closed: stop reached
Stopped out at -7% loss.

Trade closed: February 22, 2023

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