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PNV.ASX_Breakout and Retrace Trade_Long
POLYNOVO LIMITED
Long
PNV.ASX_Breakout and Retrace Trade_Long
By TRADER-WANNA-BE
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Updated
Apr 28, 2021
0
Apr 19, 2021
ENTRY: 3.09
SL: 2.80
TP1: 3.36
TP2: 4.08
- ADX>25
- RSI>65
- RS and FFI +ve
- MACD +ve
- Breakout with good volume on 14 Apr 2021
- Retrace to support 3.06 with lower volume
Apr 28, 2021
Trade closed: stop reached
- Hit adjusted SL: 2.95
- Looks like sellers back in control with 3 red candles on daily
ASX
Technical Indicators
PNV
Trend Analysis
TRADER-WANNA-BE
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