Archean Long Trade

Long archean chem
Long @ 539
SL @502
Tp1@ 608
Tp2 @701
Time frame 78 days end of oct to nove end 108 days

Transaction en cours:

If we get retest on trend line , buy some more

Transaction en cours:

Bought more today feeling fomo.
On discounted cash flow model fair value is rs 1064

Transaction en cours:

Trade still active , feels like retail has not piled in yet. cnbc awaz has not picked it as a trade , plenty of upside

Transaction en cours:

Amazing day today very bullish, up 4% on the day. Have stopped averaging, now just enjoy the ride up

Transaction en cours:

The price got rejected from 648 and closed at 647. No looks like we will see a little bit of consolidation. If cant wait sell when the price reaches 670 as the buyers try to keep the momentum going , as my time frame is near end of November, i will remain in the trade. Add more if price goes back to 600.

Transaction en cours:

So we again got rejected from 660 670, this is a strong resistance zone. we will probably see a pull back to 600. A definite Buy there once we leave that zone its ath and above.

Transaction en cours:

People who went long at the breakout are taking profit now, Stock is still undervalued, might be choppy for september last 3 months of the year expecting to reach 800+

Transaction en cours:

TRade still active nice pull back, might still go 612 to 600, add more there

Transaction en cours:

Bought more around 30%
@603

Transaction en cours:

Transaction en cours:

Commentaire:

Finally we have a breakout today, need continuation tomorrow to confirm it

Trade fermée manuellement:

Trade closed
@623

Profit margin 12%.

Reason , didnt like the fact that the price could not break ath.
Usa markets are bearish, felt ok to take off the table