Genworth Financial IncPembelian
GNW - Finishing Cup - Handle Coming
Long, but not until Early Jan 2021 - Read Notes
Swing Trade Idea
I-H/S
Expected Cup and Handle. Finishing Cup now on wave (3).
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Expected rejection from 4.81 to begin formation of handle. (Could short for wave 4 if you wish)
Anticipated L entry early Jan 2021
Only then, look at a long from 4.10 - 3.82 which should be the beginning of wave (5).
5.10 - R/R = 2
5.60 - R/R = 3
SL 3.60
This may spend some time in the 3.80 - 4.80 area while it builds out the handle.
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*** Once this clears 5.25 - look out! Low float.
*** This one has been in accumulation for several years between 3.00 - 5.00
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Look at GNW part 2 for longer term swing idea
Swing Trade Idea
I-H/S
Expected Cup and Handle. Finishing Cup now on wave (3).
---
Expected rejection from 4.81 to begin formation of handle. (Could short for wave 4 if you wish)
Anticipated L entry early Jan 2021
Only then, look at a long from 4.10 - 3.82 which should be the beginning of wave (5).
5.10 - R/R = 2
5.60 - R/R = 3
SL 3.60
This may spend some time in the 3.80 - 4.80 area while it builds out the handle.
---
*** Once this clears 5.25 - look out! Low float.
*** This one has been in accumulation for several years between 3.00 - 5.00
---
Look at GNW part 2 for longer term swing idea
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.