Uptrend Support with a Bullish Pennant forming within an uptrend corridor.
Target price set at Resistance bounce.
- 5-month uptrend
- RSI and STOCH above 50
- MACD above Signal
Suggested Entry $443.09
Suggested Stop Loss $435.17
Target price $482.50
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
Target price set at Resistance bounce.
- 5-month uptrend
- RSI and STOCH above 50
- MACD above Signal
Suggested Entry $443.09
Suggested Stop Loss $435.17
Target price $482.50
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
Trading ditutup: target tercapai:
Apologies if I missed to mentioned my updated entry at $437.13 (this was due to a further support confirmation on an intraday move).
3.55% profit
3.55% profit