GSFC Breakout candicate.
4 year old neckline approached with good uptrend & increasing volumes.
Last 6 six months making higher lows & took third touch on trend line.
This increases possibility of breakout.
SL at 125 on weekly basis 10% risk.
Last 6 six months making higher lows & took third touch on trend line.
This increases possibility of breakout.
SL at 125 on weekly basis 10% risk.
Note
weekly close above breakout zone.Note
Trail SL to 141Partial booking can be done.
Note
Trail SL 157Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.