It looks like a good buy area here, but it may fall down more. We can start accumulating and our take profit should be focussed on 125 and if the trend is very bullish, the next take profit zone would be around 137.
Please do your own analysis and trade wisely folks - Thanks
Note
Now that it has taken off as predicted, our take profit should be around TP1: 112.10, after it fills the gap followed by 127
As always do your own research and trade wisely folks - Thanks !
Trade closed: target reached
Sorry guys, I forgot to update here. I closed my trade after a £300 profit (12.5%), I sold it for around $116.52 The reason to close the trade and collect profits was that the ex-dividend date was yesterday, and obviously the stock falls a few dollars before it raises again.
As thought it did fall today, please do your own analysis and trade wisely folks -Thanks
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