LONG run in Adidas📈

By p4917
Updated
I've placed a limit buy in this market because:
  • the long-term descending trendline was been broken
  • we have a bullish seasonality for Adidas
  • the price has broken above the 30's SMA
  • the price has broken above the prior swing high
  • the price has formed now a sequence of higher highs and higher lows (= bullish trend)


Order cancelled
Order cancelled because price moves not much and I need free margin to trade.
Trade active
New order placed. Order filled. Long position established.

snapshot
Trade closed manually
Trade closed with small profit because the stocks doesn't seem to have enough momentum.
bullishbreakoutbullishchartpatternbullishmomentumCup And HandlehigherhighshigherlowsSeasonalityseasonality-tradingseasonaltendenciesseasonaltradeseasontradesTrend Lines

Disclaimer