GREATEC (27/11/2020) on ascending triangle
GREATEC is testing resistance zone 9.02-9.11. Breakout from this zone will be breakout from ascending triangle, and new TP could be @ 10.940.
MACD in H2 chart already signals a breakout, with RSI showing momentum.
A good entry would be after the ascending triangle breakout.
EP 9.12
TP 9.75 / 10.94 (RRR 1:2)
SL 8.27
GREATEC is market leader in Technology Equipment sector with competitive 626M shares compared to its competitor PENTA of 712M shares. This adds more speed factor to price action of this stock.
TAYOR
MACD in H2 chart already signals a breakout, with RSI showing momentum.
A good entry would be after the ascending triangle breakout.
EP 9.12
TP 9.75 / 10.94 (RRR 1:2)
SL 8.27
GREATEC is market leader in Technology Equipment sector with competitive 626M shares compared to its competitor PENTA of 712M shares. This adds more speed factor to price action of this stock.
TAYOR
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