A similar uptrending, Hapseng-like stock. The potential profit after each breakouts for the past 2 months is big, ranging 11%-15%.
Breakout #1 - Four days before, the price did break out but it went south. It did manage to break the resistance line again, only to move down, touching the support line. When the very clear long white candlestick appeared, it would have rake it at least 11%.
3 weeks passed before Breakout 2 was formed. And profit taking should be done the next day when the long white candlestick was made.
Breakout #3 was fast and furious. 15% profit on Day3! But not with a shooting star.
Price is currently consolidating, awaiting breakout. Trade breakout #4, anyone?
No comments:
Post a Comment