EDELWEISS - CLOSE ABOVE NECK LINE!!
AS PER MY PREVIOUS POST ON 28TH APRIL, PRICE HAD REACHED THE TARGET AND AN INVERTED H&S FORMATION IS OBSERVED.
ON FRIDAY, THERE WAS A PRICE INCREASE WITH ABOVE AVERAGE VOLUMES.
AS THE PRICE HAD CLOSED ABOVE THE NECK LINE (202), WE CAN EXPECT THE TARGETS OF 213 & 237.
MAINTAIN PROPER STOP LOSS.
ON FRIDAY, THERE WAS A PRICE INCREASE WITH ABOVE AVERAGE VOLUMES.
AS THE PRICE HAD CLOSED ABOVE THE NECK LINE (202), WE CAN EXPECT THE TARGETS OF 213 & 237.
MAINTAIN PROPER STOP LOSS.
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