TRUK - VCP (118W 66/27 3T)IDX:TRUK - VCP
(+):
1. Low risk entry point on pivot level
2. Volume dries up
3. Price above MA 50 > 150 > 200 over 10 weeks
4. Price is within 25% of 52 weeks high
6. Price is over 30% of 52 weeks low
7. 200 day MA trending up over 1 month
8. RS Rating is over 70 (84)
9. Breakout with huge volume
(-)
1. There is nothing good with the fundamental
TRUK trade ideas
$TRUK ~ Symmetrical Triangle PatternIDX:TRUK
TRUK Failed to make a breakout, however there is a big significance BUY Volume.
We can make spec buy to trendline, or we can wait till it makes its breakout.
Another alternative will be wait for correction around FIBO 0.382 with partial entry in case it went down to FIBO 0.236 or trendline.
( For numbers please refer back to chart )
Disclamer ON, all published ideas merely my opinion to certain STOCK. It is advisable to do your own analysis and research before entering a certain trade.
Happy Profitable Trading.