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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by TraderZearth > 2019-07-02 01:04 | Report Abuse
Disclaimer: Before taking the information shared here for granted and risk money you cannot afford to lose, please informed that the information shared here is just for education purposes and solely of author's personal opinion. -------------------------- Topic Starts Here --------------------------- Summary: From the chart, I'm still seeing potential upside for this stock to at least 0.27 cents. What happens after that depends on how the market react. Analysis will only cover until that target price area. 1) From the general point of view, market has been creating higher low and higher highs for the past 8 months. You can easily form can bullish channel based on that. If you have noticed, there usually seems to be a surge of volume before each movement . https://www.tradingview.com/x/bbm6FlVw/ 2) Now that we have made anticipation on the movement via price action, we must next look at the decent SR. Here are some of the decent levels in which I think should be pretty decent and should be taken note of. 0.18 | 0.20 | 0.245 | 0.28 https://www.tradingview.com/x/qNQlXlk3/ 3) With the above info, this is how I would plan trade. https://www.tradingview.com/x/IcXp9hyt/ Now that technical point of view has been shared by me, please at least DYODD on the fundamental before risking money that you cannot afford to lose.