Sapcres. Pennant Failure

Basket. Pennant failure. If bought earlier on in anticipation of successful pennant formation, then should have already exercised exit plan at 1.47. If not, why? :)

Note gap down between 1.45 & 1.42
Possible buying opportunity on 1.42 bounce
MACD creeping down on daily charts. Stochs around 20.

Kinstel. Breakout!

Congrats to those who traded Kinstel.

2 breakouts since my last posting on Kinstel.

1st breakout was the pennant breakout. The 2nd breakout was from the 1.540 resistance.

3rd breakout in the making? Immediate resistance is seen at 1.640. There was intra-day breakout but price closed at 1.640. Note the upside down kangaroo tail in today's candle. Stochs also hovering above 80 since last week. Took profit at 1.640. :)

Sapcres. Possible Pennant Formation & Breakout?

Possible Pennant formation & breakout?

Immediate support : 1.53

S2 : 1.48/1.49

R1 : 1.63