JOCIL LTD
Long
Updated

Long on JOCIL

147
#JOCIL fundamentally I'm not sure. But looks good on chart.

Will gain momentum once it breaks Inverted Head &Shoulder pattern and monthly parallel channel. (My eyes see H&S pattern, u may see box.)

So Just invest token amount like 5-15% of money allotted for this trade, observe price action - add more once breaks.

If SL hits, u will lose small %of 5% amount only.

That's how to be on winning side.

Don't guess & put all money at a time. Follow strategy.
Put Token amount --> see momentum --> Add more --> book profit at resistance --> book loss if trade fails --> go to other trade.

Note
Testing my Patience by neither moving higher not hitting SL
Note
Again it failed breaking upper channel. Should enter only after confirmation of weekly close.

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