Jerm88

Jerm88

CAR - First time doing a written analysis on CAR - Has a history of good uptrends over the years - Recent price action since mid-Aug has seen the stock gone up quite far from the short-term support - I was hoping to see a stronger pullback to the short-term support for a better setup for entry - This week’s price action shows signs of a reversal and the stock...

Jerm88

MPL - First time doing a written analysis on MPL - Over the last 6 years, the stock has been trading within 2.40-3.60 levels - Stock is currently trading near all-time high regions -> A successful breakout has a potential to see the stock fly - Price consolidation over the last 2 weeks to test the short-term support looks like a breather before testing the last...

Jerm88

LYC - First time doing a written analysis on LYC - Has some history of good uptrends that lasts for months - Also has history of downtrends that lasts for years -> represents overhead resistances for the stock - Stock price may not go up as fast as other stocks without these overhead resistances - Stock is currently trading between the short- and mid-term averages...

Jerm88

INR - First time doing a written analysis on INR - History of good uptrends that tend to last 2-3 months - Created new all-time high today - Price is far from the short-term support –> best to wait for retracement and successful rebound - R is more than 10% - Strategy-to-buy (DYOR) – Suggest to wait for retracement and successful rebound before entering

Jerm88

HLS - Previous analysis was done on 26 Aug -> suggested to wait for successful breakout of strong resistance - Since then, the stock has retraced all the way down to test the mid-term support - Today’s price action is first sign of a potential rebound -> but more positive indicators are required - Some traders may try to use the Support Strategy for entry, but it...

Jerm88

XRF - First time doing a written analysis on XRF - Uptrend started since mid-April 2021 -> doesn’t have a long history of good uptrend - Has a series of HHs and HLs but could be more significant - Trading at all-time high regions - Stock is currently a bit far from the short-term support - R is less than 10% - Strategy-to-buy (DYOR) – Entry at current price if...

Jerm88

WES - Previous analysis was done last week -> suggested to wait for price recovery to 66 levels before any entry - Price did not recover but instead continues to drop and break the mid-term support - Any further drop in price will constitute a Structure Break - Strategy-to-buy (DYOR) – Suggest waiting for price to recover above the short-term resistance

Jerm88

APT - First time doing a written analysis on APT - Has a history of good uptrend - Stock has technically formed Higher Highs (HHs) and Higher Lows (HLs) -> signifying sustained uptrend - Stock volatility is quite high -> may not be suitable for all types of traders - Stock experiences plenty of gap ups and gap downs -> introduces unwanted stress/emotions and...

Jerm88

PLS - First time doing a written analysis on PLS - Stock has some history of uptrend but aren’t long enough (ie. less than 3 months) to my liking - Price retracement in mid-August is quite a big drop (ie. About 20%) but mostly due to the strong price increases before that - Price respects the short-term average -> very good - Price recently formed a Lower High...

Jerm88

ORG first time doing a written analysis on ORG ORG gapped up above the mid-term resistance with average volume --> good price action If you are not in ORG already, it's best to wait for a formation of a Higher Low (HL) with a retracement and rebound R is more than 10% Strategy-to-buy – Suggest to wait for retracement and successful rebound. DYOR