Sharp Corp 6753Direction: Buy/Long Probability of success: ~28% Target1: ¥1411 Reward: 83% Target 2( ideal target):¥1659 Reward 114% Risk: 3% (exc. commissions) Entry: 771.5 Stop Loss: 746.6 Risk to reward ratio 1:38 ideally 1:53 Additional comments: Long term target ¥2388 Longby Lyzerr2
Longterm Play For Sharp Corporation? (SHCAY)I've been watching this one for a while and am highly interested based off the technicals. We have been pretty stable in price action around the previous all time low, which also resulted in a large move to the upside. To me this looks like an accumulation play on a double bottom major support. I am accumulating for a very long term trade, with also buys eyed at the 2.30 lows for more accumulation. Pennystocks I like to do 1-3% of working capital in OTC markets. by UnknownUnicorn23190991137
Sharp is having a big pullback after a crazy run from 1$ to 4$ We look at Sharp in the 4H chart We are at a crucial point here, as price will decide for a direction to keep. As trend follower I tend to say: " oh well... little correction here, perfect entry for me, keep going." As a person who doesn't want to loose al its money I say: "lets wait for the confirmation, probably early next week we should now wether to long or short this market. So long (and thanks for all the fish)by Evan_Moe_MoneyUpdated 6