The price breakout observed when the stock opened on 07/12/2018
During second half of the day, the price regained and moved away from the trend line making higher highs and higher lows
BUY : 102.6 -102.9
Target 1: 104.4 (Profit: 1.75%)
Target 2: 106.5 (Profit: 3.8%)
SL : 101.5 (Loss: 1.07%)
The trade is valid only when
The stock was moving sideways entirely for the month of November between 74 and 78 and finally broken the resistance of 78 at the of November with very strong volume.
With the price break out after consolidation and the ADX increasing, the stock has a very high probability to go up.
Target 1: 89 (Profit : 12%)
Target 2: 100 (Profit: 25.85%)
SL : 72.5...