Case Study 2 on Nov : Technical Analysis
1.our perspective is that the stock price is heading towards price 0.480 or higher . Cut loss Point on 0.320.
2. We are using the same strategy as case study one for short term swing trade on this stock , so we use 20MA and 50MA as an indicator of the bullish trend. We see the stock is showing 20MA and 50MA crossing back and we believe it will challenge the resistance level again.
For risk management perspective , Our team suggest do not all in any stock and hold at least minimum of 5 stock of your capital to diversify your portfolio. Therefore , if any adnormality of the price action when the support is broken and we always will minimize our risk.
This newsletter provides abroad overview of all the components of my methodology, risk/trade management system, as well as entry setups and trade philosophy. Through time reading the newsletter, these concepts will crystallize in practice and I provide the more fine details in our newsletter
Disclaimer
We are not financial advisor , so the information provided here is education & informational purposes only and should not be take as financial or investment advice . Investing in stocks or any other financial instruments involves risks, and past performance is no guarantee of future results. The responsibility for any investment decisions you make rests solely with you . We do not guarantee the accuracy or completeness of the information provided , and we shall not be responsible for any errors , omissions , or investment losses incurred as a result of using this information