REVIEW $3800

2022年7月4日

Bullish



Fundamental

- Controlled inflationary Macro environment / boring sentiment in the East
- Good theme - Carbon neutral / green
- Funds Accumulation
- Decent PE
- Decent PEG
- Decent P/FCF
- Strong Sector / Industry / Leader
- Great theme along with the CCP direction of carbon neutral




Technical

- - Momentum Theory Indicator - momentum consolidation / breakout
- Price action formation ( Bull flag )
- Volume surged upon break out
- Momentum broke out with volume surged and price broke out from flag pivot
- Trend line
- Price above 200MA
- Price above POC as support

Entry idea

- Entry idea was based on few confluences
- Price above POC
- Price broke out pivot
- Price broke out with volume surge and momentum break out

Stop loss depending on entry and risk appetite. But always set meaningful stops.

" Success is the sum of small efforts - repeated day in and day out. "

Cheers and happy trading!