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Evan_Moe_Money
Sep 3, 2017 10:24 AM

Pullback trade @ Tencent Long

Tencent Holding Ltd.OTC

Description

If you look at this stock, especially in the monthly chart, you will see it is in an tremendous uptrend. And we just hat a little pullback.

So if this pullback is over now, I will enter a position. I will go long and follow the trend.

Only thing is, my personal entry triggers aren't really reached.

I want the EMA 200 to support the trend (done)
I want the stochastic to be at the bottom (incomplete)
I want the OBV to point in the direction of the trend (well.. that could be better)
I want a good, stable trend to follow (complete)

So i will keep an eye on this stock, I guess by Wednesday we should have our entry.
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