Permaculture

Pizza anyone?! long set up - long term play

Lång
Permaculture Uppdaterad   
ASX:DMP   DOMINO'S PIZZA ENTERPRISES LIMITED
Clear PA and chart structure pointing a buy signal -top down analysis yearly chart shows prior bar inside bullish pinbar - monthly and weekly showing clear candle formations, if price wanted to breach lower it already would've. Risk off phase, my unconventional meaning not market lingo. atm stalling price low at retest levels while LTFs showing buying strengthening. big boys active here, buyers visible - pure technical analysis never read anything about company, PRICE IS EVERYTHING!
stoploss quiet wide as for potential spike could hunt stops below, if they probe below, would only be short lived but also paint a clearer picture on LTFs what there intention will be
Handel aktiv:
buyers have returned @ 36, lows couldn't break lower, my unconventional market sentiment at those lows helped for good long entry on my portfolio. Next stage will be monitoring how price behaves upon pullback to $38 retest, painting more a picture with price action trading. if and when to add more longs.
Kommentera:
price clearing out weak hands, working out so far
Handel aktiv:
looking for bullish price action down here at monthly and weekly demand zones, will monitor in and around here daily for any signs for clues. confirming price action more helpful than going on a whim. prnt.sc/10gij3k screenshot of my zones, patience now.
Trade stängt: målet nått:
Taking profits today bought at $36 sold at $156. full exit .
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