VCPStage2MMTraderWannaBe
06-10
$SATS LTD.(S58.SI)$  If you look at the monthly time frame, the candle stick looks to close strongly above the side ways structure, on the weekly chart it needs to close min above $3 to confirm the breakout is at least still in tact. This week close is important if you trading these two time frames. I took an early position last week and will add if the breakout this week at the weekly timeframe confirms it. Above also highlights the flaw of purely using candle sticks to trade. I am bullish partly to FA and TA, all the best if you are monitoring this stock.
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Comments

  • CecilFranklin
    06-12
    CecilFranklin
    Agree! [Love] Candlesticks alone can have flaws. Good luck! [Heart]
  • blue sky
    06-11
    blue sky
    [财迷] [财迷] [财迷]
  • WebbBart
    06-12
    WebbBart
    Good analysis
  • YueShan
    06-13
    YueShan
    Good⭐️⭐️⭐️
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