Double Bottom/Channel Breakout Long

١٤ ديسمبر ٢٠١٦

The stock has formed double bottom, gave breakout now retesting from above. One can enter long now with reasonable Stop loss. Pattern Target is 353.80 however there is resistance at 341.40 so let's see which one it achieves. Even for the lower target risk to reward ratio is good.

١٥ ديسمبر ٢٠١٦

أغلقت الصفقة: تم الوصول لوقف الخسارة

Stopped out but still it is in my radar and may go long again if it shows some strength would post again my entry.