PT Perusahaan Gas Negara Tbk Class B
Largo
Actualizado

PGAS - CUP WITH HANDLE

202
I have positions today

Why I buy the stock:
1. Low-risk entry
2. It forms a classic cup and handle pattern
3. High relative strength.
4. Volume decreasing (1-2 punch), less supply coming to the market.

Also, the stock closes good with huge volume on the breakout.
Operación activa
I like to see the stock pause for at least a day or two to develop a proper and stronger handle. Then, I might consider pyramiding my position.
Operación cerrada: precio stop alcanzado
Stopped out today at -5% loss.

Exención de responsabilidad

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.