Life Health Care was presenting a simple Head and Shoulders with a usual drop for a short.
The price started off well then went to the entry.
Wake up and not only did it go past R15.96 target...
The market opened aty R10.80 exceeding our expectations and profits. It's these trades that we absolutely love and can't help but get excited when things go extraordinary to our favour.
Now there is a W Formation and the price has broken up. So looking at a Medium Probability setup, we can expect the price to head to R14.29.
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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