High Risk Reward, Conditional Long on Coloplast
As long as there is no daily close below 425, BUY on a breach (confirmed by daily close) of the blue line. STOP below the hammer in the 420-425 area. Tighten stops when the 480 area of trendline resistance is reached. Speculate on a breach of these trendlines but dont be too patient with it. TARGET 560-580 for a conservative target or 600+ for a more aggressive approach.
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