Contents:
- Trade Details
- Hybrid 10-Step Trading Strategy Review
- Final Trade Assessment
- Next Steps
Trade Details
- Trade No.: 6/20
- Date: January 27, 2025
- Action: Buy
- Entry Type: Momentum Entry
- Signal: Break above the 20-MA with strong bullish momentum
- Stock: Asian Terminals Inc. (ATI)
- Shares Bought: 400 out of 800 allocated
- Entry Price: ₱17.04
- Position Size: 1/2 of target allocation
📌 Chart Overview:
- ATI closed at ₱17.50 (+0.69%), maintaining its breakout structure.
- The stock surged above the 20-MA (₱16.82), confirming short-term trend reversal.
- 200-MA (₱18.61) serves as the next major resistance level.
- Volume at 77.9K suggests steady accumulation.
ATI Trade No. 6/20 – Post-Trade Analysis Chart
Hybrid 10-Step Trading Strategy Review
(Each step scored out of 10 based on trade alignment with strategy.)
Step 1: Identify Market State & Trend Context - Score: 8/10
- ATI is transitioning from a downtrend into a potential uptrend.
- Break above the 20-MA signals trend reversal, but confirmation above ₱18.00 is needed.
Step 2: Assess Price Position Relative to Key Levels - Score: 8/10
- Price reclaimed the 20-MA (₱16.82), signaling short-term strength.
- The next resistance is at the 200-MA (₱18.61), which must be cleared for further upside.
Step 3: Power Bars & Retracement Strength - Score: 9/10
- Strong bullish price action with a breakout candlestick.
- Momentum suggests continuation, provided volume remains steady.
Step 4: Entry Confirmation Based on Retracement Levels - Score: 8/10
- Entry was well-timed as the price confirmed strength above ₱17.00.
- A retracement to ₱16.50 would offer another entry opportunity.
Step 5: Tactical Stop-Loss Adjustments - Score: 9/10
- Stop-loss set below ₱16.40 to minimize risk.
- A breakdown below this level invalidates the trade setup.
Step 6: Color Change as a Secondary Confirmation - Score: 8/10
- Green candlestick formation confirms buying pressure.
- Needs follow-through above ₱17.50 to confirm continuation.
Step 7: Profit-Taking Aligned with Retracement Targets - Score: 9/10
- First target: ₱18.50 (near the 200-MA).
- Final target: ₱19.50-₱20.00 (key resistance zone).
Step 8: Re-Entry at Secondary Retracement Pullbacks - Score: 7/10
- A retest of ₱16.80-₱17.00 would offer another entry.
- Breakout above ₱18.00 justifies scaling into the position.
Step 9: Tactical Position Management - Score: 8/10
- 1/2 position deployed, leaving room for scaling if price stabilizes above ₱18.00.
- Further exposure should only be added above ₱18.50.
Step 10: Counter-Trend Trades Only When Retracement Fails - Score: 6/10
- Not a counter-trend trade, but caution is needed near ₱18.50 resistance.
- Failure to hold above ₱16.50 would weaken the bullish setup.
📌 Overall Strategy Score: 80/100
📌 Summary: Trade was well-positioned on a momentum breakout, with further upside potential if price clears ₱18.50.
Final Trade Assessment
Trade Rating: 8.0/10
✅ Trade Execution: Entry positioned at a breakout level, aligning with trend reversal.
✅ Risk Management: Stop-loss at ₱16.40 ensures controlled downside risk.
✅ Profit-Taking Strategy: First target at ₱18.50, scaling out at ₱19.50-₱20.00.
✅ Position Size Strategy: 1/2 Allocation, keeping flexibility for re-entries.
Next Steps
📌 Monitor price action near ₱18.00-₱18.50. If ATI holds this level, consider scaling up.
📌 Watch for weakness below ₱16.50. If momentum weakens, reassess the trade and exit below ₱16.40.
📌 Look for re-entry opportunities. If ATI retests ₱16.80-₱17.00 and holds, consider adding more shares.
🚨 Conclusion: Trade No. 6 remains strong, with bullish momentum. A move above ₱18.50 would confirm further upside. 🚨
Disclaimer: This post is for informational purposes only and should not be considered financial advice. Always do your own research before making any trading decisions.
Related Readings
- Micro Stock Trader: Comparing the Modified 10-Step Trading Strategy vs. Retracement Trading Strategy
- Micro Stock Trader Portfolio Tracker Page
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