one can buy heromotocorp for intraday as per their setup, i will choose my entry and stop with 5 min chart.
one can also hold hold the position for short term, target is also mention for that.
lets see what will happen tomorrow.
Universal Ibogaine Inc. is an expanding Canadian-holding company with an average volume of $145K in the last 3 months. During the last 10 days the average volume remained $112K with $190M share outstanding.
The Company newly reported that its common shares, coined as "JC4", have been accepted for trade on the Frankfurt Stock Exchange, or Boerse Frankfurt. In Canada, UI will keep trading on the TSX Venture Exchange under the ticker IBO and on the OTCQB under the stock symbol IBOGF.
$IBO has been elastic through the ebbs and flows of the market and have always maintained a tight toe hold in the Canadian venture exchange, its consistency to this day is what intrigues investors globally, the shares are trading at $0.05 with no such recorded loss
Immediate trend is down. Market is making lower high lower low against support 17650 which means it is getting weaker, break of 17650 likely.
Today's possible trades -
1. Enter short on break fail of 17800 for target 17700 and
2. Enter short below 17650 if it sustains below it.
3. Long above 17850 only if it makes higher high higher low.
So on Monday market can give the huge Gap up opening
If Market give opening above 14550 Go for PE till 14360 and 14250.
If Market give gap down Opening below 14247 then buy CE once it 14360.
If Market give normal opening above 14360 you can go for 14450 CE and then 14550 CE.
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