Stock Screening

Monday, November 10, 2014

SOLUTN (0093) : It will breakaway from 0.255 ?





This time my trading strategy for this counter is breakout compare to the preview trading strategy is retracement, pls click here for detail Time for SOLUTN to roar?     

Breakout !!! Breakout !!! Breakout !!! away from RM 0.235, what is the implication of this prices action ? the answers for the outcome of this action is 4 consecutive wave degree is pointing to north and it is very bullish indication, the multiple wave degree is wave 3-3-3-3. Elliot wave trader like this very much
Today the prices close at RM0.250 and tested RM0.255, I did shared this to Telegram members about this solution on yesterday and through Telcon to premier members on Sunday. the outcome is what we anticipated, which was breakout from 0.240 and heading to 0.255.(5% gain).

 I am anticipated it will breakaway from immediate resistance, which is RM0.255 and heading to RM0.270 on this week or next, Once RM 0,270 break, the prices wil continue to raise til 
RM0.30-RM0.33.

MY Trade plan is

Early Stop loss : 1 Candle close below 0.235.
Late stop loss : 1 Candle close below 0.220
1st  TP : 0.270/0.280
2nd TP : 0.30/0.33


DISCLAIMER:

Stock analysis and comments presented on klseelwavetrading.blogspot.com are solely for education purpose only. They do not represent the opinions of klseelwavetrading.blogspot.com on whether to buy, sell or hold shares of a particular stock.
Investors should be cautious about any and all stock recommendations and should consider the source of any advice on stock selection. Various factors, including personal or corporate ownership, may influence or factor into an expert's stock analysis or opinion.
All investors are advised to conduct their own independent research into individual stocks before making a purchase decision. In addition, investors are advised that past stock performance is no guarantee of future price appreciation.

No comments:

Post a Comment