PPB (MYX) - Move In Ranging (Sideway)Greetings
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Strategy
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position
- Evaluate and upgrade your trading plan
PPB (MYX) - Move In Ranging (Sideway)
PPB trade ideas
13/4/2020 PPBDaily trend-line broken as looking at H4 will see more detail,
second waive rally finish correction, looking for 3rd waive rally potential in trade waiting the engine restarting.
1,3 was higher high 2,4 was higher low
RRR 3:1 was a good trade to participate for short term trading.
For fundamental investor here also a good level to initiate position for long-term holding.
PPB: High Priced Stock, Breakout with CorrectionThank you for your continued support :)
Strategy: Moving Averages Formation
Bias: Bullish. Breakout from long term resistance of 18.84 and the shaded box consolidation range, followed by correction with the lower shadow touching 50% key level and closing up exactly at the mentioned 18.84 level.
Stop-loss: 18.54, the open price of the breakout candle; or 18.46, the half-yearly MA as support
1st Target: 20.00; also a psychological level.
2nd Target: 21.36
Gentle reminder: Plan your trade and trade your plan. Peace out!