SHIVATEX - 2.5yr Head and Shoulder Breakout

2021年5月16日

Suggested by ravihit957
Closed on the high in a down week.

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: For educational purposes only. I reserve the right to be wrong.