Volume spike from last 3 days. Since it is close to 52 Week High, I might try and hold on to it and see how it goes.
Note
Break trendline, but still above support of 1.24Note
Broke MA5, broke trendline, and on 22/3 it touched the support of 1.24.Note
Support broken, wait until tomorrow to cut lossTrade closed: stop reached
Gone too far, CL at 1.20Trading Plan
EP: 1.327 (avg)
SL: 1.24
TP: 1.41 (next resistance)
CL at 1.20 same day it broke
Note
Lesson Learned:1. Shares is uptrend, and the trendline seems make sense, so if it breaks and does not rebound the next day, immediately CL.
2. It seems like I wrongly estimated where the support is.
3. Risk/Reward Ratio is less than 1, I lost more than I could profit.
Note
Lesson Learned part 2:Better wait for BO
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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.