JKPAPER Breakout

NNiveshak Updated   
JKPaper is looking to Breakout after recent consolidation period. It is seen making a strong bullish candle right on the lower median line of the pitchfork
1. price is above long term moving average of 200SMA ✔
2. Price is above short term moving average of 50 SMA✔
3. Uptick in RSI ✔
4. bullish MACD signal✔
5. above average volume✔

T1:285 T2:330 SL 215

**I will be posting ideas for my own journal-ing and learning sake and to hopefully spark up educational discussions. Please do not construe them as recommendations as I am just an amateur here to learn :)
Trade closed: stop reached

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