ALQ @ 19 OCT 2021
Text me if you have any questions/comments for me.
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ALQ
- Previous written analysis was done on 8 Oct (red arrow) -> suggested only plotting entry when breakout is successful
- Stock is gapping up and retracing during the day -> the trend still looks ok to me
- Best case scenario is if the stock retraces to test the support before continuing its upwards trajectory
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest only plotting entry when there is a retracement and successful rebound
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ALQ
- Previous written analysis was done on 8 Oct (red arrow) -> suggested only plotting entry when breakout is successful
- Stock is gapping up and retracing during the day -> the trend still looks ok to me
- Best case scenario is if the stock retraces to test the support before continuing its upwards trajectory
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest only plotting entry when there is a retracement and successful rebound
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