Allegion (ALLE)
Growing global trend and penetration of local resistance line is a good opportunity to open long positios. Price supporting line is a small growing trend. The target price is $141. Stop limit price is $130. Upside around 8%. Profit/loss ratio ~ 3:1.
Trade closed: stop reached
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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.