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BF UTILITIES LTD.
Viés de alta
17 de mai. de 2021
BF Utilities Approaching 3yr Breakout Zone
3
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9
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Power sector is slated to do well in the coming days. This is riding on multiple weekly patterns. Let's see how it plays out.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
For educational purposes only.
raavigeorgian
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Também em:
breakout
Double Top or Bottom
Flag
multiyearbreakout
priceactionanalysis
Trend Analysis
raavigeorgian
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