10865 Consolidation breakout pull back set up (High risk stocks)

Reason for long - Consolidation breakout
High risky penny stock: position sizing not more than 0.1% of total capital and has risk of complete erosion of invested fund in this stock. It is purely experimental investment and purely based on technical. The organization is non-significant profit making, but volume increased in recent times.

1. Powered by vwap breakout.(Yes)
2. Strengthened by weekly breakout and pullback set-up.(Yes)
3. Intensified by pull back breakout.(Yes)
4. Energized by Positive previous Quarterly result.(NO)
5.Punched by QQE breakout.(No)
6.Facilitated by Volume burst.(Yes)
7. Armed by breakout non over-lapping candle.(No)
8.Catalyzed by breakout candle having Open=Low candles (OL candles) (Yes)
9.Patronized by Head and Shoulder Set up (No)

SL compulsory


Duration: 1 months