Long

Buy HGN2016 at 2,1540, Stop at 2,0780, Target at 2,3000

By carlosmello

Updated

HGN2016 is in ascending triangle, has just tested the upside trendline and a good room to the upside.

Note

HGN2016 is testing the stop loss region. The trade wasn´t stopped yesterday but will be soon if the market breaks down.

Note

It looks a good decision to have not stopped the long position. Price has consolidated at the stop loss region and now seems to be picking up. We remain long, but if HGN2016 breaks the lows of last week then the position will be stopped.

Trade closed: stop reached

Stopped HGN2016 at 2,06 with a loss of 4.36%.

carlosmello

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