5 month high breakout. Closed above 50 and 200 Dema + higher than average volume + positive macd.
Stock has recently broken its all time high taking support from 50 and 200 day moving average. volume: above 20 day average. MACD: positive.
Trade type: Swing trade. Stock is trading above 50 and 200 Dema. Volume: above average MACD: positive
Chart type: Breakout Trade type: Swing trading Positive: Stock above 50 ema, higher than average volume and positive MACD. Disclaimer: Remember, always perform your due diligence and analysis. This post isn't a buy or sell recommendation, but rather an educational insight into the world of technical analysis.
Trade type: Swing trading What does chart say: 5 month high breakout + trading above 50 and 200 Dema. trade has closed with good momentum and volume on Friday. next potential target will be near 2586 which is ~12% up.
Breakout stock category Trade type: Swing trading #swing trading #swingtrading #breakoutstocks
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Observing the analysis on GBPAUD for more than 3 weeks now, how wonderfully it accepts the demand and supply zones. Trust the process.