SIME trade ideas
SIME Trading Plan: 2:1 Risk-Reward Strategy for Steady GainsSIME Trading Plan
Entry Price (EP): RM1.96
Take Profit (TP): RM2.00 (2% gain)
Stop Loss (SL): RM1.94 (1% loss)
Risk-Reward Ratio: 2:1
Strategy:
Enter at RM1.96 with bullish confirmation (e.g., strong green candle or volume spike).
Exit at RM2.00 for profit or RM1.94 to limit losses.
Risk only 1-2% of total capital for controlled exposure.
Tip: Monitor for positive market sentiment or strong sector performance for added confidence.
sime's time is nowuptrend line almost broken but rebounded nicely above ema50, a good sign of bull. volume indicatoor showing selling pressure weakening and slowly moving to positive. looks good to test the previous high.
disclaimer: this is not a buy/sell call, but merely my personal opinion. always tayor.
<TradeVSA> SIME Darby - No Supply Signal in Daily & Weekly ChartStrength Signal in the chart:
1. Re-accumulation with Shakeout
2. Re-test support with NS
3. Pullback completed with NS (weekly chart)
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock