Shinlu

Shinlu Updated  Mar 3

Rectangle bottom as seen in the chart. Tend to breakout from support. Option A: To buy @ 83 which is at the bottom of the rectangle. If it does not break out, we can minimize loss if it breaks downward. Option B: To buy @ 114 when it breaks out of the chart. Indicator Break upward, when the candles closes above the support trend line...

Shinlu Mar 2

Descending Channel pattern formed. Trade this pattern with lesser funds. Trade between the channel. Now the price had touched the upper trend line of 165 Sell now @165 Take profit @ 144 Set stop loss after candle stick close above the trend line @ 168.

Shinlu Updated  Mar 1

As of 10 April 2024, AMD PE ratio is at 334. It had a long failed upward candle on 8 March 2024. Downside till 95 dollars.

Shinlu Feb 23

A symmetrical triangle was formed. In a symmetrical triangle, the breakout direction usually follows the trend, in this is case it is an upward breakout. However, there's a high possibility that it breaks downward. Therefore, wait for the breakout to happen before trading the breakout. Alternatively, we can trade within the symmetrical triangle Trading...

Shinlu Updated  Feb 23

Ascending Channel pattern formed. Trade between the channel. Now the price had touched the lower trend line of 126. Buy now @ 126 Take profit @ 168. Set stop loss @ 120 in case the pattern bust.

Shinlu Updated  Feb 21

A descending triangle pattern was form. Descending triangle typically signals a downward breakout. Sell trigger: Closes below 263. Potential take profit target around 180. You may take profit anytime. Stop loss: If the breakout is downward, do stop loss when the prices pull above 263.

Shinlu Updated  Jul 23, 2024

The prices are bouncing in the rectangle. Had reached the top. To continue downards. Expected take profit level at 100 dollars level.

Shinlu Updated  Jun 2, 2024

Short if the price break through 196.12. Target price around 110. Set a stop price around 206.

Shinlu Updated  Jan 30, 2024

There was an upward breakout after the broadening formations (Right angled and descending). The breakout is nearing the end. Trading the pullback. Target price:43.13 Stop loss: 58.71 Risk/Reward Ratio: 2.9

Shinlu Updated  Jan 16, 2024

Short when the price break through the bottom trend line. Wait for confirmation. Monitor and close the trade if the trend changes and move above the trend line. Target price: 15.10

Shinlu Updated  Jan 16, 2024

A breakout from descending broadening wedges. The upward trend had stopped. Action: Short Target: Support level Profit: Around 25%

Shinlu Apr 30, 2018

The price has break out from the channel is looking at a possible upside after a retracement.