HEXTAR GLOBAL BERHADMis à jour A rocket to the moon with almost no pullback?
BUY
- There were a few entries after some pullbacks and breakouts at 1.00 and 1.42
- 1.30 was a fake breakout – one might be stopped out if chased the breakout at 1.30 – the base wasn’t strong enough
- Entry at 1.42 after a 39b was the better choice with lower volume which indicates less volatility
SELL
- It’s a bull – let it run and nail down profits accordingly
RATIONALE
- Strong buying with only one red candle for the last 22 days
- However, one needs constant monitoring for a suitable entry for this stock
- A pullback is imminent
- Look for another base and entry
**the analysis is solely for my own references and learning
- There were a few entries after some pullbacks and breakouts at 1.00 and 1.42
- 1.30 was a fake breakout – one might be stopped out if chased the breakout at 1.30 – the base wasn’t strong enough
- Entry at 1.42 after a 39b was the better choice with lower volume which indicates less volatility
SELL
- It’s a bull – let it run and nail down profits accordingly
RATIONALE
- Strong buying with only one red candle for the last 22 days
- However, one needs constant monitoring for a suitable entry for this stock
- A pullback is imminent
- Look for another base and entry
**the analysis is solely for my own references and learning
Note
A pullback is imminent as said - observe for another base building
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.