Its attempting a Breakout, volumes are ok but not very high as expected on a breakout, lets see if it holds?
Not confirmed 100%, say 75%, I will update if i get time.
Disclosure: i hold the stock bought over last year.
This is charted for my own benefit and part of my learning and investing process, i am a retail long term investor.
This is purely a technical chart observation, please check the fundamentals before investing. And consult your financial adviser.
Not confirmed 100%, say 75%, I will update if i get time.
Disclosure: i hold the stock bought over last year.
This is charted for my own benefit and part of my learning and investing process, i am a retail long term investor.
This is purely a technical chart observation, please check the fundamentals before investing. And consult your financial adviser.
Trade active:
The breakout has held strong as per the price action, but still keep a solid stoploss at the Low of the breakout retest it did 2 days after @518, keep a trailing stoploss at any higher lows it forms in its upward journey.
Trade active:
Need more volume to sustain the breakout
Trade active:
watchout with the stoploss
Trade closed: stop reached:
Stop hit for the breakout long, as i hold very long term positions in profit, i am holding till after elections.