Resistance from 2014 holding as support, RSI oversold, MACD seems to turn bulish. I have take long position.
TP1 fro me 88-89, TP2 99 (technicaly 101/102 but I will step out sooner).
LABU +5,57
CELG +2,21
CNCE + 3,77
TP1 fro me 88-89, TP2 99 (technicaly 101/102 but I will step out sooner).
LABU +5,57
CELG +2,21
CNCE + 3,77
Note
Seems that the range is finally broken up!I will not take profit, I will only move SL to break even.
Note
Retesting daily MA 20 If itbreaks it next level is 86.50Trade active
So far so good. I hope we will finally squize shorts. They are still very powerfull blocking stronger upward trend. I'm still in full position.Note
Hope we will stay above 87,20 and Resistance will become support.I will increase SL to 85Trade closed: stop reached
SL at 86.49 hit (I was continously increasing SL as I didn't wanted to loose profit)Nice trade!
Note
I will most probably reopen position but I have to see trends first.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.