Westlife Development - 3mth C&H within 1.5yr C&H

FACTORS TO CONSIDER

Multiple patterns: 1.5yr C&H, 3mth C&H, 1mth VCP
The price has been stable.
Volumes are drying up.
4wk Volume RSI is at its support.
The stock may show a move anytime soon.

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 20DMA (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.

DISCLAIMER:
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Cup And HandlepatternwithinpatternTrend Analysisvolumeanalysis

Auch am:

Haftungsausschluss