Relaxo Break Out and Retest
Relaxo Footwears have broken out of the Channel/Triangle pattern and has retested the breakout area. Entered long with strict stop loss. If going further below, better to exit without a second thought.
Possible target just below a recent resistance area.
Possible target just below a recent resistance area.
Catatan
Relaxo seems to have held the support. A good green candle formed.Catatan
The trendline with the higher slope has been broken downwards today. Let's see if Relaxo can take support on the upper line of the channel.Catatan
Relaxo not giving a clear clue about the next move. Even while the market is highly bullish, Relaxo is very sluggish. Holding the support line. There's still hope for a positive move.Catatan
Held the support really well. Jumped up with a good bullish candle.Trading ditutup: target tercapai
Hit the target right after market opening
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.