rifqonr

KAYU - POWER PLAY

Largo
rifqonr Actualizado   
IDX:KAYU   DARMI BERSAUDARA TBK
I bought my positions today
July 31, 2023

The reasons:
1. Low-risk entry point
2. The stock is up >100% in less than 8 weeks
3. Corrected the least during the pause, less than 25% correction
4. Volume dries up as a sign of less supply coming to the market
5. High alpha moves with a low standard deviation
6. Power play on top of a power play

The flaw:
Lack of volume on the breakout

I like to see the stock moves constructively in the upcoming days.
Operación activa:
I sold half into strength at +21% profit today.
Operación activa:
I sold another half into strength at +34% profit today.
Operación activa:
I sold another half into strength at +53% profit today.
Operación cerrada: objetivo alcanzado:
I sold my last position on trailing stop at +56% profit today.

Trade closed: September 5, 2023

Ideas relacionadas

Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.