TRADER-WANNA-BE

PPS.ASX_Retracement Trade_Long

Long
TRADER-WANNA-BE Updated   
ASX:PPS   PRAEMIUM LIMITED
ENTRY: 1.450
SL: 1.255
TP: 1.610

- ADX>20
- RSI>50,RSI<70
- Daily RS +ve
- Daily FFI +ve
- Daily MACD -ve
- Weekly RS +ve
- Weekly FFI +ve
- Weekly MACD +ve
- Retracement to cover gap and until 50% fib. level since 2 Nov 2021.
- Possible buyers coming back in on 29 Nov 2021.
- Above HVN currently as well.
Trade closed manually:
- Closed at 1.32
- Sellers coming in and unable to break above downtrendline
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