TRADER-WANNA-BE

BSL.SGX_Range Breakout Trade_long

Long
TRADER-WANNA-BE Updated   
SGX:BSL   RAFFLES MEDICAL
ENTRY: 1.47
SL: 1.38
TP: 1.62

- ADX>20
- RSI>50,RSI<30
- Daily RS +ve
- Daily FFI +ve
- Daily MACD +ve
- Weekly RS +ve
- Weekly FFI +ve
- Weekly MACD +ve
- Retraced to 38.2-50% fib level since breakout in Jul 2021 with lower volume.
- Breakout of range and HVN on 30 Sep 2021 and moving with higher volume since then.
- Today shows possible selling dry out with extremely low volume.
Trade closed: stop reached:
Hit adjusted SL: 1.51
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