RGTECH - techno, software21.07.20
Index SPX/IXIC/KLCI>MA20>MA50>MA200
Volume 2.34M/ avg 8.06M
Price/MA:
(W) MA20>CP>MA50>MA200
(D) CP>MA20>MA50>MA200
ML 12.06.20
Stage 2
Pattern Ascending triangle (neutral)
Candle & tail short UT on 20.07.20
Strategy
1. Breakout DUT
2. If able to breakout MA20 is better
FA
1. Rev/NP/EPS decreasing
2. Previous QR increasing
Trading Plan
1. when to buy
if CP breakout DUT (0.34)
even better if CP breakout MA20 (0.345)
2. when to sell
if CP below MA50 (0.325)
3. when to not buy
4. when to not sell (when to hold)
as long CP maintain above MA50
EP 0.345
CL 0.325