ASPEN PHARMACARE HLDGS LTD
Updated

$JSEAPN

236
APN

Broke falling wedge few days ago as well as sideways consolidation.

Back tested breakout point and made solid support at 13700/50 area.

So far hourly making big engulfing bar.

Trade idea long around this level on bar close (if it stays the same)
SL=13600
FT=15700 for RR=2.29
ST=17000 for RR=4.52

Trade closed: target reached
First target for this idea reached.

Hitting some serous resistance.

Close half position, move stop loss deep into profit and leave the rest

J200 TOP40 rising wedge
Note
Sorry that is wrong chart

snapshot

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