[POSITIONAL LONG] Breakout trade above 692 level, see monthly tf

In monthly time frame, long lower wicks seen in last two months which indicates buying is happening at lower levels, so if its upper resistance is broken, the stock has the potential to go up.
Target cannot be decided as no upper resistance known, so trail your stop loss as per your choice
Stop loss as per your risk appetite.

Yorum:

buy triggered yesterday and the candle closed in green. Today it retested the breakout level, hoping it to move up in coming days.

İşlem aktif:

SL of 680, trade is active. Budget session ahead,chances are high to go up.

İşlem kapandı: durdurma seviyesi:

SL hit