AMCOR PLC
Pembelian

Potential outside week and bullish potential for AMC

Oleh Ivory_Wolf
Diupdate
Entry conditions:
(i) higher share price for AMC above the level of the potential outside week noted on 23-Aug.

Stop loss for the trade would be:
(i) below the swing low of 19th August (i.e.: below $15.53), once the trade has activated.
Trade aktif
UPDATE (week ending 30-Aug): Trade activated 27th/28th August, with share price closing above both 10 and 30 day MA's at the end of trading week.
Trade aktif
UPDATE (week ending 06-Sep): Observe market reaction to potential support/resistance line here - suggest to close position in event of failure - potential Darvas box formation - (remember, you've also received a dividend).
Trading ditutup secara manual
UPDATE (week ending 13-Sep): Close below the low of the potential Darvas box formation noted in the last week's annotation above - suggestion from the charts to close out the trade for a scratch for this reason, as well as poor performance compared to the overall market on the final two days of trade for the week (remove from watchlist).
AMCAMCORASXasx200asx200longasxlongChart PatternsTechnical IndicatorsoutsideweekSupport and Resistance
Ivory_Wolf
Detailed commentary about this trade available here:
- youtube.com/watch?v=wn50LO83gWw (Stocks and bonds - latest scans timestamped in comments)
- youtube.com/watch?v=Po0Cpy9-l0Q (Crypto review)

Like/subscribe for the latest!

Pernyataan Penyangkalan