Buy Geely?

2021-11-24

Hey guys, let me know what ya'll think of $GEELY AUTO(00175)$

With price expected to bounce off the support of the stochastics support, I'm thinking to buy at 25.3 where the ichimoku support and graphical horizontal support is, to 27.6 in line with the horizontal swing high resistance and 78.6% Fibonacci retracement. My stop loss will be at 23.4 area where the 50% Fibonacci retracement is.

Entry:25.3[Smile]

Take Profit: 27.6[Miser]

Stop Loss:23.4[Cry]

$Geely 5xLongSG220621(DDHW.SI)$

$Geely 5xShortSG231214(DCDW.SI)$

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

精彩评论

KYHBKO
2021-11-25
KYHBKO
Fibo is a good guide. I recommend you to use charts for the reversal, TP & SL. Stochastic can be a good tool though it does have more false alarms. all the best

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