SBM
SBM - Trade PlanSBM has broken out of it downtrend line with High Volume indicating a possible change in trend. There is also MACD Bullish Divergence indicating a change in momentum. This shows that the risk to reward is on the upside. My plan is to target the initial resistance level of $2.05 (potential 10% gain) with a tight stop below the recent low.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
