Parkway is still headed up in a neat parallel price channel, and is currently forming what seems to be a double bottom bull flag. A good chance for entry would be on the double bottom pullback, and it would also be a 2nd entry. This means that we should wait for a bullish reversal bar signal before making an entry. Good luck!
https://synapsetrading.com/wp-content/uploads/2019/10/logo.jpg 0 0 Spencer Li https://synapsetrading.com/wp-content/uploads/2019/10/logo.jpg Spencer Li2010-05-14 08:40:002021-01-11 00:38:25Parkway – Bull Flag in uptrend channel | Technical Analysis | Singapore Stocks
Just came back from Prague, and it’s one of my favourite towns. Before I left, I tightened my stops for my shorts on Yanlord, and although it got hit at 1.64, my initial entry of 1.73 still yielded a satisfactory trade. Currently, with the uncertainty on the outcome of the Euro crisis, most markets are trading sideways with a downward bias.