MBB german stock with wedge breakout
Updated
I like this setup, because i like this stock fundamentally, and the chart is also showing a nice buy setup.
Now could it fail and fall ? Of course, in this markets there is nothing sure, thats why there is a stop loss below the last swing low.
In case it cant break the 100€ there is a defined risk i am taking, this is all i can do.
Target is 115-120€
Blessings..
Now could it fail and fall ? Of course, in this markets there is nothing sure, thats why there is a stop loss below the last swing low.
In case it cant break the 100€ there is a defined risk i am taking, this is all i can do.
Target is 115-120€
Blessings..
Note
Just stick with it. Moving stop higher, i dont want it to break 100€ lower anymore :)Trade closed manually
Took off 80% of my position at 108€ for a nice profit of 9%.The remaining position is guarded with a stop at breakeven, and letting it run for now maybe toward 115€.
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