Personally, what I learnt is there must be a Technical Analysis Strategic Plan in order to increase the risk-to-ratios favourable risks.
1. Draw Support & Resistance
2. Identify the stages (Accumulation, Advancing, Distribution, Declining)
3. Entry Triggers
4. Stop Loss
5. Exits
I have learnt during my past mistakes that we should let the stock price comes to...
Weekly chart for vizione indicates that the overall structure is Double Three corrective wave. With wave Y nearing its end, it is worth it to keep an eye on this counter.
Personally, what I learnt is there must be a Technical Analysis Strategic Plan in order to increase the risk-to-ratios favourable risks.
1. Draw Support & Resistance
2. Identify the stages (Accumulation, Advancing, Distribution, Declining)
3. Entry Triggers
4. Stop Loss
5. Exits
I have learnt during my past mistakes that we should let the stock price comes to...
Trading Idea VIZIONE (5/3/2021)
- Buy on dip (yellow zone)
- Target and stoploss as drawn
Disclaimer: This trading idea is strictly intended for informational purposes only so please do your own analysis before making any investment decision.
Technical Thoughts:
Mode of Entry: Trading Play
Confirmation needed: Significant bull candle to kill the significant bear candle (in the circle). If not happening - possible sideways until people got interest again to jump in this stock.
1) Bounce today (2 Feb 2021) after heavy sell-off at the lowest Mac 2020
2) Heavy volume sudden - baby shark or mother...
PRICE NEED TO BREAK 0.45 IN ORDER FOR BREAKOUT
FIRST TP 0.43
SECOND TP 0.435
THIRD TP 0.45
FOURTH TP 0.455
SIXTH TP 0.47
SEVENTH TP 0.475
EIGHT TP 0.50
LAST TP 0.54
IF BREAK 0.54, SKY IS LIMITLESS.
FIRST SUPPORT 0.41
SECOND SUPPORT 0.40
THIRD SUPPORT 0.385
My view on this counter. On the left side, there are hidden zone for sell which breakout from weekly support.. Price moving up to this sell zone with compression approach and finally make a final move with bull candle only to trap retail traders.
So for this counter, it is better to wait until buy zone again with SSR -Significant support resistant. Min SL and...
Possible outbreak on Vizione, price reach Uptrend Tunnel bottom
strong support at 0.405
Entry price : 0.43
1st TP : 0.5
2nd TP : 0.54
Cut Loss at : 0.4
Strength signal in the chart:
1. Green pentagon
2. Spring signal at pullback
3. High volume line change in hourly chart
Hit the "LIKE" button to support us :)
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
