Text me if you have any questions/comments for me.
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CHC
- Previous analysis was done on 21 Sep – Suggested half entry at 18.30 levels or wait for successful breakout of 18.50 resistance levels
- Since then, the stock has successfully broken out with above average volume
- If you have taken the entry suggestion, there will be gains of 2-4% within 2 days
- Stock is currently trading at all-time high levels
- Price is too far from short-term support -> no good setup for entry
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for retracement and successful rebound
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CHC
- Previous analysis was done on 21 Sep – Suggested half entry at 18.30 levels or wait for successful breakout of 18.50 resistance levels
- Since then, the stock has successfully broken out with above average volume
- If you have taken the entry suggestion, there will be gains of 2-4% within 2 days
- Stock is currently trading at all-time high levels
- Price is too far from short-term support -> no good setup for entry
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for retracement and successful rebound