LSCC had a quick bounce, dropping 6% and then gaining 5% during this weeks rotations. A move past Tuesday's high would be a positive sign. The 10d ATR (x2.7) suggests a 11.77% stop and position size of R8.49. Given the chart pattern, one might further limit risk by stepping into this position at 50%, 30%, 20% increments.
Buy Point: 40.74 - 41.48
Stop Loss: 35.94
Position Size: R8.49
Buy Point: 40.74 - 41.48
Stop Loss: 35.94
Position Size: R8.49
Website: drewby.com
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
Website: drewby.com
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。