KoonTrader

KoonTrader

As previously posted I closed my short position a few units before the gap was closed for NG. (see my previous post) I waited to see if price will go any further downwards, but price keeps getting rejected around the gap. I opened a long position after seeing the price get rejected again (see illustration). Chart seems to be forming an IHS or Cup handle. Entry...

KoonTrader

APPL is currently at the neckline of which looks like a potential H&S pattern. Scenario 1: A break of the neckline seems likely, will enter with a short should the neckline break. Scenario 2: A potential bounce may occur on shorter TF; will open a long position should it bounce with good volume.

KoonTrader

Longed on this level, expecting upward movement after santa rally? maybe next week or next year. SL outside the channel. Added some SPX shorts as well.

KoonTrader Updated 

Oil looking to extend gains. Entered and looking to reach TP1 @78 / TP2 @80 Will start looking for a short entry @80 with tight SL should we break the downtrend channel.

KoonTrader Updated 

I am leaning towards a close of the gap left on around 6.15-6.2 before moving further to the upside. I executed my entry after the price broke the uptrend channel on 3min. I am placing my TP - on the gap with trailing SL. I will provide an update once the gap closes.

KoonTrader

+Entry at this level gives a decent Risk:Reward Ratio +Dropped 87% from high -Foreign selling slowed but may not be over Started adding from this level same with VLL My initial TP will be when price reaches the top part of the channel.

KoonTrader

Scenario 1 : Quick scalp to Upsde of 27% from current price to close the gap. Scenario 2 : May not close the gap at all due to bad 2023 dividend. I have been holding this stock since 2014. I believe this may have reached a short-term peak. 2023 Dividends will probably miss public estimates. Once gap closes further drop will continue. If posted dividend and...

KoonTrader

VLL +Entry at this level gives a decent Risk:Reward Ratio +Dropped 82% from high +BDO Sec gives this 96% upside (12/12/2022 Weekly Investment Idea) -Foreign selling slowed but may not be over TP1- 2.8php TP2 - 3.5php

KoonTrader

Entry 1 - 29php (if it dips and extends IHS ) Entry 2 - 33 TP 1 - 44php TP 2 - 50php Upside potential of 30-50% with decent risk ratio.