IREKA trade ideas
IREKA VCP SETUPIREKA explore 127% from May to July and undergo a VCP setup with contraction below:
C1: -22%
C2: -8%
C3: -4%
Awaiting some breakout at C3 tight area.
+Watchlist for this week.
Disclaimer:
Not a buy call recommendation. Just my personal interest on sharing through chart pattern and technical analysis . Trade at your own risk.
IREKA - Bullish Continuation High Potential BreakoutFrom chart:
- Structure formed most likely can break DTL
- Health retracement and bull may continue
- Rally up to >100% from Feb 2021 before retracing.
Trading Strategy:
- Look for straight entry based on momentum play or wait for minor retracement at the stated entry point
- ROI target 30-40%
Company Brief Background:
- Construction and Property Development
I am nubis, i am non-premium members ..follow if you think this idea make sense..just sit back, relax and make some money.
-Heil_Z-
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