Entry: when price clears 19.49
Volume: with daily volume greater than 1.722M
Target: 23 area
Stop: Depending on your risk tolerance; 18.34 gets you 3/1 Risk/Reward.
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take...
Enter when price clears 19.49
With daily volume greater than 1.72M
Target: 24.00 area
Depending on your risk tolerance: 18.00 gets you 3/1 Risk/Reward but it's almost 8%, I would consider a stop below the low of the candle before the break above 19.49, or something near that.
This trade idea is not trade advice. This idea is strictly based on my ideas and...
This is a slow grinder kind of a play but one that may bare fruit in the near future if you are looking for a good 10%+ move. The stock in the past few weeks slowly creeped its way up to the 9.63 mark before pulling back to the 7.02 mark. From there we saw a move up of over 10% to 7.95 just to be rejected from the psyche resistance of $8. Since then it has pulled...
Bullish
Fundamental
- Funds are accumulating
- Positive PEG
- Top industry
- Decent business model
TA
- Completed Elliot 5 waves
- Price out of the woods
- Positive momentum
Entry trigger - TBA
This was a slow grinder on Friday June 17th but showed promising movement even during the power hour as it fought to stay above the 7.40 range. There was heavy resistance at the 7.80 range that kept the stock at bay for a full hour. I am looking for it to break $8 on Monday June 20th and if not will be looking to play off the support levels. As always not...
The company recovered to the pre-pandemic level, but not the same outlook in 2019.
MINISO NYSE:MNSO
Chinese variety brand retailer MINISO has released its Q3 F2021 financial report, indicating the company is back on its feet. In the first quarter of 2021, the company generated total revenue of CNY 2.22 billion, reporting an increase of 45% YoY that was mainly...
