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AKRA stock graph in the image above has two charts of the first pattern Double Bottom formed since mid-October 2008 until the end of March 2009
and price breakout at the end of May 2009. Over time from May until early September prices continue to move up and thus trend was also up trend. From May to September chart pattern that forms a Ascending Triangle is the second chart pattern where prices once again able to reach the end of the month of September.
Entering the beginning of October 2009 until the end of november 2009 when we observe the chart pattern looks back Ascending triangle formed where the price moves up trying to penetrate the resistance of the first and failed to move prices back down, prices go back again to try to try to break through resistance, but have not touched the resistance is not successful and this is the price of failure back to the bottom. We will wait for this December month, if prices penetrate resistance, here there are two equally strong resistance of the first Resistance is the resistance in 1200 and the second was in 1260. If prices penetrate the first reistance potential price through the second resistance which will likely happen again next bullish breakout and the price will move up higher again.
Summary:
The first Resistance 1200 we buy / enter at 1210 prices
Resistance both 1260 we buy / enter at 1270 prices
Support our 1160 cut-loss / exit a position at 1150-1140 prices
So it means is we will buy this stock when the price was first dilevel Breakout 1210, and we are still able to buy / go back (to which have not been bought in the first price level) that the two dibreakout at 1270 price levels.
Out of the market or cut losses if the price support through 1160, we went out or cut loss at 1150 prices until 1140.
and price breakout at the end of May 2009. Over time from May until early September prices continue to move up and thus trend was also up trend. From May to September chart pattern that forms a Ascending Triangle is the second chart pattern where prices once again able to reach the end of the month of September.
Entering the beginning of October 2009 until the end of november 2009 when we observe the chart pattern looks back Ascending triangle formed where the price moves up trying to penetrate the resistance of the first and failed to move prices back down, prices go back again to try to try to break through resistance, but have not touched the resistance is not successful and this is the price of failure back to the bottom. We will wait for this December month, if prices penetrate resistance, here there are two equally strong resistance of the first Resistance is the resistance in 1200 and the second was in 1260. If prices penetrate the first reistance potential price through the second resistance which will likely happen again next bullish breakout and the price will move up higher again.
Summary:
The first Resistance 1200 we buy / enter at 1210 prices
Resistance both 1260 we buy / enter at 1270 prices
Support our 1160 cut-loss / exit a position at 1150-1140 prices
So it means is we will buy this stock when the price was first dilevel Breakout 1210, and we are still able to buy / go back (to which have not been bought in the first price level) that the two dibreakout at 1270 price levels.
Out of the market or cut losses if the price support through 1160, we went out or cut loss at 1150 prices until 1140.
Disclaimer! decision to buy or sell is the responsibility of each individual, any trader or investor in investing. This analysis which is only a mere learning.
Happy Trading
Happy Trading
1 komentar:
OK! bos mudah-mudahan akra sampai pada tujuannya
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