LCTITAN trade ideas
28/9/2020 LCTITAN - Possible island reversal patternScenario 1 : If candle tomorrow open above gap and close above gap with high volume, island reversal pattern is completed and price will fly high.
(This is a rare and strong signal)
Scenario 2
The gap will be filled first before price continue climbing
Scenario 3
If candle tomorrow open below gap and close below gap with high volume, reversal candle pattern will be formed and the price will likely going down.
Great time to get into this companyLCTITAN is a company that makes Transparent-Impact resistance Polypropylene which is a type of plastic used for medical syringes. Once a vaccine is found there should be large demand for medical syringes and it's packaging .
Currently we are on the bottom a triangle consolidating, but considering we have are at support its a good time to buy. and position for when this break out. Some may say its a cup and handle or a double bottom, but whatever the case is it looks like has a good recipe for a trend reversal.
LCTITAN - Arriving at POC As Potential Key SupportPlease consider your own interpretation of Opportunity & Risk:
Green Arrow (Transparency = 0) = Representing Upside
Red Arrow (Transparency = 0) = Representing Downside
Green Arrow (Transparency = 30%) = Representing Alternate Price Path, or less probable outcomes
Red Arrow (Transparency = 30%) = Representing Alternate Price Path, or less probable outcomes
NO BUY CALLS OR INVESTMENT ADVISED ARE PROVIDED.
DISCLAIMER: This analysis is for reference and learning purposes only. It is based on my personal view in the market from a technical analysis standpoint. None of information posted in this chart can be used as investment decisions or investment advises to any parties. Do not trade solely on the information posted in this page. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
PENAFIAN: Analysis ini hanyalah untuk tujuan rujukkan dan pembelajaran sahaja dan bukan cadangan untuk membeli atau menjual stok atau apa jua jenis instrumen kewangan. Anda dinasihatkan untuk menghubungi remieser / dealer / bank pelaburan yang mempunyai lesen atau kelayakan yang sah untuk bertanyakan pendapat dan menguruskan pelaburan anda. Pelaburan dan perdagangan mempunyai risiko tinggi, dan ianya adalah Risiko Anda Sendiri.
LCtitan, Wash-a-bye short term traderCan it be another Esceram? Let's see what happen in the Monday morning.
If you like my chart analysis, please like, follow me and share it to your friend. :)
Disclaimer: Every stock analysis are purely for educational/ informational support only. It is not for buy or sell call purpose. Everyone are responsible at your own trades.
LCTITAN -Strength Build-up Into ResistanceGreen Arrow (Transparency = 0) = Representing Opportunity
Red Arrow (Transparency = 0) = Representing Risk
Green Arrow (Transparency = 30%) = Representing Alternate View for Opportunity, or less probable outcomes
Red Arrow (Transparency = 30%) = Representing Alternate View for Risk, or less probable outcomes
DISCLAIMER: This analysis is for educational and informational purposes only. It is based on my personal view in the market from a technical standpoint. None of information posted in this page can be used as investment decisions except for educational purpose only. Do not trade solely on the information posted in this page. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
PENAFIAN: Analysis ini hanyalah untuk tujuan pembelajaran & pendidikan sahaja dan bukan cadangan untuk membeli atau menjual stok atau apa jua jenis instrumen kewangan. Anda dinasihatkan untuk menghubungi remieser / dealer / bank pelaburan yang mempunyai lesen atau kelayakan yang sah untuk bertanyakan pendapat dan menguruskan pelaburan anda. Pelaburan dan perdagangan mempunyai risiko tinggi, dan ianya adalah Risiko Anda Sendiri.
LCTITAN: Trading BuyOpportunity to buy on dip with take profit target at the recent swing high of 1.65, 1.77.
However, be cautioned of the formation of inverted hammer on Daily timeframe. Those who like to enter the market with confirmation, can buy upon breakout above 1.65 with take profit target at 1.77. Cutloss if fall below 1.54.