SAIL possibly ready for second swing

Jun 22, 2018

On Monday (25/Jun) if daily closes above 85.25 it is probably time to get ready for the next swing. Stop is 82 and first target is 90 (last swing high).

Jun 29, 2018

Trade active

Entered long with target 90

Jul 2, 2018

Note

This one looks alright. Here is the updated analysis -

Updating stop to 78.5. If price comes back to that area again then it is better to stand aside.

Jul 4, 2018

Trade closed manually

Market is not very excited to move up. I closed this trade today for a small loss. Hourly is weak and daily up trend has got breached. If it trends watch out for 69 - 70 range market reaction.