P.A. RESOURCES BHDMis à jour Another breakout happening soon?
BUY
- Buy around 550 within the area between 550 and 575
- If it can’t break 590, it might go back to the range of 550 – 575 in hope to forming a lower level of volatility of less then 7% - shake out the previous hands in Jan & Feb (+90%)
SELL
- SL is around 515 with a -7%
- Observe accordingly since there are multiple resistances from years back
RATIONALE
- Reduced volatility towards the right of the chart
- Another smaller cup might be formed within the cheat area if it can’t break the previous high
**the analysis is solely for my own references and learning
- Buy around 550 within the area between 550 and 575
- If it can’t break 590, it might go back to the range of 550 – 575 in hope to forming a lower level of volatility of less then 7% - shake out the previous hands in Jan & Feb (+90%)
SELL
- SL is around 515 with a -7%
- Observe accordingly since there are multiple resistances from years back
RATIONALE
- Reduced volatility towards the right of the chart
- Another smaller cup might be formed within the cheat area if it can’t break the previous high
**the analysis is solely for my own references and learning
Note
Due to overall bad market sentiment, it went down but a long lower shadow shows hope
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.