Time for ARMADA To Enter Into Markup Phase?

2019년 9월 11일

5210

• Supply has been exhausted.
  
• Potentially in phase D sign of strength (SOS) rally.
  
• A breakout above 0.285 followed by a backup action could provide a good entry.
  
• The last reaction has supply absorption characteristics.
  
• The cause built from Dec 2018 till Sep 2019 could make ARMADA a good long term campaign.
  
• Pay attention if it turns out to be an up thrust rather than a breakout with a stop below 0.24.
  

2019년 9월 20일

액티브 트레이드

Huge supply emerge today, possible correction as a back up action for the whole accumulation structure.

Pay attention to 0.3-0.315 should the back up action come.

2019년 10월 3일

노트

Scaled in at 0.31 earlier today. Potential Change of Character (CHoCH) for the trend initiated since 30 Aug 2019.

2019년 10월 15일

노트

- A strong and healthy run up after the reaction to 0.3-0.315.
- More upside to be expected until emergence of supply.
- A potential target using point and figure chart: 0.49-0.53

2019년 10월 22일

매매 수동청산

- Change of character bar has shown up today with huge supply in sync with the results.
- This should stop the up trend for now.
- Profit protection stop below 0.46 will get triggered today.
- End of day traders might consider to wait for a secondary test to exit on the way up.