IT'S TIME FOR IBREALESTATE TO MAKE A BREAK ON THE LONG SIDE
It's time for IBRealestate to make a break on the long side.
It has just come out of a cup and Handle Pattern and also a Bullish Flag Pattern. It has also made a couple of tries to break the Long Term Trend Line but the move did not last long.
There is also a strong resistance at 117.90. It has to break and close above this with strong volumes and a positive follow up candle to take a long position.
Targets T1- 144.70
T2- 179.50 with a SL OF 99.
I have entered at 114.20.
It has just come out of a cup and Handle Pattern and also a Bullish Flag Pattern. It has also made a couple of tries to break the Long Term Trend Line but the move did not last long.
There is also a strong resistance at 117.90. It has to break and close above this with strong volumes and a positive follow up candle to take a long position.
Targets T1- 144.70
T2- 179.50 with a SL OF 99.
I have entered at 114.20.
Trade active:
Target 1 Reached. Waiting for Target 2