Entry conditions:
(i) higher share price for
SHG above the level of the potential outside week noted on 29th August (i.e.: above the level of $0.355).
NOTE: Be wary of the market reaction on Monday, 1st September since the annual report was released after market hours on Friday, 29th August - don't chase the market if there is a severe gap up.
Stop loss for the trade would be:
(i) below the low of the outside week on 25th August (i.e.: below $0.305), should the trade activate.
(i) higher share price for
SHG above the level of the potential outside week noted on 29th August (i.e.: above the level of $0.355).NOTE: Be wary of the market reaction on Monday, 1st September since the annual report was released after market hours on Friday, 29th August - don't chase the market if there is a severe gap up.
Stop loss for the trade would be:
(i) below the low of the outside week on 25th August (i.e.: below $0.305), should the trade activate.
Detailed commentary/updates about trades (stocks, crypto & bonds) available:
ivorywolf.start.page/ (Facebook / Telegram / YouTube / personal web-page)
Like/join/subscribe for the latest!
...
ivorywolf.start.page/ (Facebook / Telegram / YouTube / personal web-page)
Like/join/subscribe for the latest!
...
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Detailed commentary/updates about trades (stocks, crypto & bonds) available:
ivorywolf.start.page/ (Facebook / Telegram / YouTube / personal web-page)
Like/join/subscribe for the latest!
...
ivorywolf.start.page/ (Facebook / Telegram / YouTube / personal web-page)
Like/join/subscribe for the latest!
...
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.