LDEV - to move into a trend continuation, the counter needs to break the recent high of 14.50. If it won't succeed then we will not see a trend continuation before the present pull back is over.
The candles of the preceding last 3 days formed a swing low, with a high of 13.40 and a low of 11.50. Today's range was between 12.60 and 13.20, which is within the range of the swing low formation. Any one trading could buy within the said channel, provided that the stop loss is made 10 cents below the swing low of 11.50. If you don't want to stop loss then it may not be advisable to trade the counter.
Making money in the Stock Market is not easy, but not hard only with increased education and understanding.......
Subscribe to:
Post Comments (Atom)
Loss and Gain of the ASI in 2021 vs the Loss in 2022
This ASI chart shows the All time high in 2021 of 9025.82 on the 29th 0f Jan'21 and the fall to the yearly low of 6852.64 on the 19th ...
-
Dr. Michael Burry is the ONE EYED Physician turned Fund Manager, who figured out that the Housing Market in the US is going to fall apart,...
-
ASI closed at 6228. Yesterday it was 6229. ALMOST UNCHANGED. Intra-day it hit a high of 6244, and a low of 6225 points. The close of the day...
-
As a gesture to honour a client Mr. R.T., I post an image shared by him regarding the ASI. The primary reason to do so is that, He is a k...
No comments:
Post a Comment