PARLO trade ideas
PARLONo huge dumping of shares yet, am expecting Parlo to test recent support before reaching 0.595, we'll see. Am using 1 hour chart to find solid structure. Am using no indicators. * volume is the key
Could fail if :
*there is a huge dumping of shares
*no reversal candle supported with big volumes ( could be reversal or huge retracement )
*no interference of political matters
*no interference of other systemic factors
PARLO [S] 19/9/20 : Parabolik move yang tidak masuk akal1. PARLO sedang mendaki tanpa henti
2. Parabolik move; dikhuatiri diikuti kejatuhan mendadak
3. tunggu sehingga ada pullback yang sihat untuk buat entry
Easy comes easy go
Disclaimer: Hanya kajian buat pembelajaran. Sila like dan share
"Right place, right vision, right action"
PARLO ESCOBARThis stock is worth to monitor. Why?
Let know a bit about the background of this stock, the sound of the named like a drug dealer pablo escobar. However this stock mainly business is travel & tourism . Everyone in Malaysia should realised today, that our MOH did a great job in handling Covid-19 case. At this moment, Covid-19 is now maintained single digit for local cases, as report in MOH . So in the process of Malaysia recovery, we are expecting more good news for Tourism sector.
and take your guess? if the government announce another next news regarding full operation in tourism sector, who will benefits?
I leave the question to you.
PARLO (0022)Currently trading at RM 0.145. Its a high risk entry level, but seems like all set and ready to go! Lets ride the upward momentum!
Target - RM 0.200, RM 0.260 and above
Cut loss - below RM 0.120
Disclaimer: Analysis or results above are solely based on personal opinions. Trade at your own risk.