MBB german stock with wedge breakout
I like this setup, because i like this stock fundamentally, and the chart is also showing a nice buy setup.
Now could it fail and fall ? Of course, in this markets there is nothing sure, thats why there is a stop loss below the last swing low.
In case it cant break the 100€ there is a defined risk i am taking, this is all i can do.
Target is 115-120€
Blessings..
Now could it fail and fall ? Of course, in this markets there is nothing sure, thats why there is a stop loss below the last swing low.
In case it cant break the 100€ there is a defined risk i am taking, this is all i can do.
Target is 115-120€
Blessings..
Note
Just stick with it. Moving stop higher, i dont want it to break 100€ lower anymore :)Trade closed manually
Took off 80% of my position at 108€ for a nice profit of 9%.The remaining position is guarded with a stop at breakeven, and letting it run for now maybe toward 115€.
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Related publications
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.