Buying dip in Alrosa #2020/7

2019년 6월 19일

The week is far from being over and it is the middle of the month. So basing my trade on W and M charts are a bit premature. However, broad bullish sentiment that moved SPX500USD, USOIL, XCUUSD, XAUUSD etc. make me conclude that ALRS being a mining company is also moving to new highs or forming a bullish pennant.

Risk - 0,24% of my capital
TIme horizon: approx 6 months
Exit strategy: close 50% of the position at 107.6, move SL to 0 loss and wait for the pennant to confirm before adding
I will consider adding midway if there is welcoming price action.

2019년 7월 15일

거래청산: 스탑 닿음

Unless price suddenly recovers to form a reversal pattern there is no rationale to hold on to the trade.

2019년 7월 15일

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