IMD @ 9 NOV 2021
Text me if you have any questions/comments for me.
-----
IMD
- Previous analysis was done on 14 Sep (red arrow) -> suggested entry at 2.43 levels if believe the stock can form new all-time highs
- Since then, the stock retraced to test the mid-term support before rebounding to $2.43 on 28 Sep (blue arrow)
- Another retracement and successful rebound later, the stock has achieved gains of more than 15% within 6 weeks
- Recent price action to test the short-term support has provided a good setup for entry
- A successful rebound would be around 2.90 levels
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry if believe the stock can create new all-time highs
-----
IMD
- Previous analysis was done on 14 Sep (red arrow) -> suggested entry at 2.43 levels if believe the stock can form new all-time highs
- Since then, the stock retraced to test the mid-term support before rebounding to $2.43 on 28 Sep (blue arrow)
- Another retracement and successful rebound later, the stock has achieved gains of more than 15% within 6 weeks
- Recent price action to test the short-term support has provided a good setup for entry
- A successful rebound would be around 2.90 levels
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry if believe the stock can create new all-time highs
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.