72 : Breakout Level Ascending Triangle Pattern in Daily Chart
Invest above 72 breakout and close above 75
Target : 106
SL : 60
Risk is yours and Reward is too yours totally
Bigpicture
ITI bullish breakout monthly chart resistance trendlineBullish View
SL : 116.80
Target : 161.25, 199.6+++
Risk is yours and Reward is too yours totally
Adidas LongThe chart is simple and self-explanatory. The stock has been following a trend since 2018. Even in times of pandemic, it refused to close below the trend line. Considering the fact, that the previous high will create a support to the price and also the price is in 0.382 Fibonacci support, there is a good chance to go long for a good reward to risk.
Happy Trading and Investing.
Peace out.
