MBAP - CUP WITH HANDLEI got into a full position today on this classic cup and handle pattern.
This is not the environment for a full 25% position, but I see the very constructive price action and fundamentals in the stock.
However, on the closing day, the stock keeps coming down to its breakout level and forces me to reduce my position in half.
MBAP trade ideas
MBAPchart looking good and would be nice if it can break above the current resistance.
above all ma
RSI >50
STOCH K>D
MACD > SIGNAL
FQ ---> a slight spike
Bandar volume ---> small acc
Foreign ---> massive acc
NB: DO MIND that These analyses I posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!