LEARN! Watch This for the next year or 2 and scold me if this post (watch for the conservative profit target/expectation) disappoints you 馃槡
If you want to be a true winning trader, save it, put/set reminder/alarm and come back a year or max 2 years
I will let/tell you the complete thesis/explanation for my thought on how I came to make this conclusion
This will seems like anomaly because I never or rarely (if any) make a post like it but the last 3-4 years, I've noticed the new generation of traders want instant gratification & so, IMO, most became or will become victims of scams or traders who fail/quit
After profiting in $CLEO in the last trade.... which is not a lucky but a hardwork done over many years
Now $CLEO is setting up again...
By price action, the latest low Rp.1120 on 9 Sept 09:10 WIB with huge volume should be a false breakdown on intraday basis
Now should be a safe place to buy for a swing trade & put stoploss at Rp.1115
First target would be the usual 2-3R & let the rest run
For investing, just keep this stock.. put stoploss at Rp.1090, let it run
If it fall below 1090, it will rebase and take a long time to give us another buy setup...
For new traders, watch the investing part because it's much easier but return would be much higher if you give sufficient time
Look at the chart below and watch closely for the few green horizontal lines of Fibonacci extensions.
Learn Fibonacci, search/google it on how to use it.. look at my recent $PANI trade chart or my $BRIS chart during its 2021 uprun
I will bring this post up when it reaches the Rp.1850 target within 2 years (as long as it doesn't fall below Rp.1090).
In the next 5-20 years, those who have not CLEO in their investing/retirement account will miss the kind of AAPL (Apple), MSFT (Microsoft), SBUX (Starbucks), NFLX (Netflix) returns during their most profitable years
Easily a 10X in less than 10 years.
CLEO is one of the rare stocks that has great fundamental, great future prospects, great corporate management.
*I will stop it now because this post looks more like a pump&dump kind of article. My apology but this is 100% not pump&dump scheme.
#DailyChart
#SwingPlan #TradePlan
#IDX
#CLEO
#SuperStock
#LegendaryStock #EarlyStage
馃槡