SWING IDEA - PANAMAPET

2024年6月18日

Stock is currently at its 52W high and also breakout zone.
MACD is indicating a good momentum in the upward direction.
Also Monthly MACD has made a crossover, which could possibly take the stock to new highs in the coming weeks/months.
406 has formed as a Key Support for this Trade be to be valid.
Weekly closings above this Support level will surely take the stock to newer highs.

2024年6月21日

交易开始

2024年6月28日

注释

Stock is getting resisted from the 406 levels. Lets wait a few more days/week to get a better understanding of the momentum.

2024年7月2日

交易开始

At our Entry Zone again.

2024年7月6日

注释

Positive News:
CARE Ratings affirmed its A+ rating on Panama Petrochem's long-term bank financing and A1+ rating on its short-term bank financing.

2024年7月9日

注释

Stock has started making new All Time High today.

2024年7月17日

注释

Looks like 406 is turning out to become a Resistance Zone instead of Support. We must wait and see a few more days to get better clarity on movement.

2024年7月24日

注释

Finally we are going to up?? Made a new All Time High today.

2024年7月27日

注释

Achieved Max Profits of 10% so far. Keep Holding.