CTRA Energy Stock Cup and HandleCTRA is showing a cup and handle on the daily chart now with the handle underway.
The Bull/Bear power indicator is at zero showing some equilibrium.
The RSI / Ichimoku indicator shows relative strength sitting on cloud support.
I see this as a good swing long setup and will take a trade when I see spot oil and natural
gas uptrending.
IDX: JPFA FOR SEPTEMBER 2022weak support at 1450
weak resistance at 1540
I Prefer Yellow trading plan
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
PGAS Rise Up*PGAS*. Weekly time frame (long term). Ascending triangle pattern. Buy if broke up 1860. TP1 2450, TP2 3050, TP3 (extended) 3380. SL based on theory at 1495, but this is too far below. I would prefer SL at 1780, coz if it down below 1780 it means it dives into the triangle area again, not good, failed to go up. Better exit first, and wait until the next swing low or confirmation from the price action. DYOR ya. Disclaimer on.
PS: ASII also has ascending triangle pattern.