Long $NFE CMP $31.17

Updated
Long NFE CMP $31.17. Broke the channel with good volume but rejected at 200 EMA. Will take support at $30.71 [50 EMA price] Energy sector is hot and with earning expectation it may re-test $35 area[200 EMA]. Price target $35. Stop loss ~28-29.
Trade closed: stop reached
Failed breakout. Stop loss $25 reached
nfeSeasonalitysupportSupport and Resistance

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