TERP - a Dividend play in Renewable Energy

2020年1月1日

At a paying yield of 6%, this dividend play might suits the palette of some traders/investors. Though I think 14.88 support is much likely to hold and breakout , in trading, there is no 100% guarantee. So, be prepared for a further retest of a lower support at 14.01.

Current price action indicates it can breakout from here at 15.39 level or retest 14.88 before breaking out. Let's wait and see.

2020年1月9日

註釋

Praise lord. It is now ranging at 15.46 level and awaiting to break out. Watch closely now

2020年1月10日

註釋

Hmmm, a breakout though the price action does not seems too convincing......Suspect it might be a false breakout. Anyway, it is Friday, will wait till next week to see how it goes......

2020年1月13日

註釋

slightly better than the previous candle but it is a doji candle which means it is indecisive with bulls and bears still fighting who should lead.If I am not comfortable, I will wait out for a more confirmed price action before deciding.

2020年1月14日

註釋

OMG! What a nice gap up!

Anyone long this at 15.50, congrats man !!!

It is OK that we did not participate in this as we were waiting for confirmation, it came , haha albeit a surprise jump.