
Entry: 6.68
Stop: 6.50
Reason for entry:
1. Candlestick bullish sign
2. Hitting bottom of Bollinger Band
3. MACD histogram green
4. CCI sloping upwards from below
Premises: Possible bullish reversal after a series of correction.
Trade horizon: short term. (1-2 weeks)
Caution: This stock seems to establish a new mid term trend. The rally seems to have fizzle out of steam.
Need to monitor closely and exit trade whenever downside detected.
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