Hello Guys, welcome to another analysis, GMMpfaudler has broken out of a wedge and a trendline today, seems good for a target of 3-5% in short term. Do keep SL around 4700 Targets 3-5% . Trailing can be done.
Sometimes buying after a breakout can be very painful. How to identify a false breakout ! Any idea ?
deep_shah08
⋅
@Redfox44, usually most breakout test their breakout level/resistance ( which now acts as support) again. If they show reversal signs, it's a healthy breakout.