IDEAL profitable company, trading within uptrend channel. If price can break above top channel line, next resistance will be T1. Stoploss if price reverses & close below S1 to potentially trade within channel.
Note
update stoploss point from S1 to (previously) upper channel line. ie resistance becomes support.
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.
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.