This stock chart shows a breakout above the Blue Indicator Resistance line.
In my book this is a breakout and I went long on November 24, 2017.
Position is profitable, because I already sold 1/2 of it, and my stop is above entry.
This means it is virtually impossible for me to loose money on this trade.
In my book this is a breakout and I went long on November 24, 2017.
Position is profitable, because I already sold 1/2 of it, and my stop is above entry.
This means it is virtually impossible for me to loose money on this trade.
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Visit my financial blog & get alerts : masterchartstrading.com/blog
@mastercharts
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.
FREE Trial of These Indicators. Sign-Up for access here: masterchartstrading.com/store/c1/Featured_Products.html
Visit my financial blog & get alerts : masterchartstrading.com/blog
@mastercharts
Visit my financial blog & get alerts : masterchartstrading.com/blog
@mastercharts
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.