Due to this last market flush, Gala returned to an important support region, but the buying force prevailed and gave us a great entry point with a stop at the last bottom.
Reasons for buying:
1 - Long-term uptrend.
2 - Breakout with pullback of a long-term uptrend line.
3 - Beartrap at an important support line.
4 - Great risk/return ratio with a trade at the next resistance.
Reasons for buying:
1 - Long-term uptrend.
2 - Breakout with pullback of a long-term uptrend line.
3 - Beartrap at an important support line.
4 - Great risk/return ratio with a trade at the next resistance.
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.