UNITED BREWERIES LTD

Long

UBL SWING TRADE IDEA

By internal_0rgan

Updated

UBL has given a breakout above its resistance with good volume. The stock looks bullish now for a movement towards 1080/1130.

RSI(14) > 60
PRICE > 50EMA

Keep SL as per your RR.
I will trail my SL after TGT1 hits.

Trade active

Retracement is complete
Bought at 1012
SL near 980 or 5EMA DCB

Note

Target 1 HIT then reversed

Trade closed manually

TRAILING SL HIT

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