Buy based on Weekly DeMark 9 Buy Set Up

2018年4月20日

Weekly chart shows a Demark sequential 9 bar print buy setup. Also prints off descending trendline and test of breakout. Tallies with fundamental global reflation narrative supportive of commodities. Expect this share to double from here. Target 9.3p then 12p on Fib projections from monthly chart.

2018年5月3日

註釋

Well, this has played out very well. Broken out from wedge with large thrust (on good news). Next target is 12p based on fib projections from swing high to low.

2018年5月21日

註釋

This set-up is going very well and further evidence of the potency of the Demark Sequential. I expect this share to reach at least 12p

2018年6月12日

交易進行

Going well - this share has exploded higher out of the consolidation wedge and aforementioned Demark Set-Up and is currently at 13.25p per share.