I have my positions March 19, 2024 Reasons: 1. Low-risk entry point 2. Confirmed stage 2 uptrend 3. Has gone through a majority line of supply 4. A breakaway move, first breakout of a confirmed stage 2 uptrend 5. High relative strength 6. Volume dries up as less supply coming to the market Flaws: 1. The market is still in a hard-penny environment, not much...
ACES potential forming Gartley on Monthly chart. Current downside has potential to reached point C. Happen Point C also the 61.8 retracement of recent fibonacci retracement leg.
ACES has rebounded from low to nearest fibo target soon. Still some upside from here.
I bought my positions today October 12, 2023 The reasons: 1. Low-risk entry point 2. Prior strong upside move 3. Has gone through a majority line of supply 4. A breakaway move, the first breakout after the stock in a confirmed stage 2 uptrend 5. High relative strength 6. The stock explodes 83% while the market only goes up 2% 7. Volume dries up as less supply...
trading plan aces weekly buy aces 740 sl 625 tp 1110 disclamer on
IDX:ACES looks for a trend reversal from bearish to become bullish. A look at the chart weekly, there is a bullish engulfing indicates a price reversal and validated by double bottom chart pattern on daily chart. The volume on 21 June 2023 shows spike and long candle indicates interested investor on $ACES. Here is my analyze for IDX:ACES TP 1 750-780 (harmonic...
Inverted Head & shoulder and green volume , #ACES Buy : 510 SL : 485 TP : 620
IDX:ACES price currently is relatively same with covid price, when the virus attack in Indonesia on March 2020. Current candle on end of day April 1, 2022 the reversal is detected based on my criteria. Disclaimer ON.
Summary : buy on weakness, buy on support area Key points: Price hovering around strong support area, coincides with 0.618 fibo level Price bounds back on major support trend line Historic cycle analysis shows major bottom in blue vertical line, if repeats, price should react within this time window
TP 1 : > 1800 TP 2 : > 2000 SL : < 1350 Risk In Your Hand Press Like & Follow if u like my content
ACES is still in the consolidation stage and testing the trendline. If successful, ACES will test the 1600 price level.
NB: DO MIND that These analyses I posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!