CYPARK trade ideas
CYPARK - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
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CYPARK Ascending Triangle Forming a perfect ascending triangle at 50-50 risk/reward ratio with support at 1.370 support and 1.590 resistance. It had some challenges to break the 1.480~1.520 zone. Once this zone becomes a good support, it won’t have problem to break out from its 1.590 resistance.
Renewable energy is an important aspect of EV theme and together with Solarvest and Saimaden, this counter has bright future prospect.
Disclaimer: Trade at your own risk.
cypark BO accumulation falling wedgeAs price markup is ready, phase D and E will emerge.
From the formula of cause and effect, the period of accumulation was completed as our CALCULATION. Time for markup will begin
As we can see how spring occured, it is a prove where phase C already finished.
Obvious sign of strength when price are jumping from creek, LPS strengthen our POSITION.
with projection price can reach further up, we are bullish with CYPARK currently.
renewable energy as a catalyst, may cypark can meet our TP.
