Entry conditions: (i) higher share price for SSIQ along with swing up of indicators such as DMI (+DMI above ADX at the very least) and RSI.
Stop loss for the trade would be: (i) tight at $7.85 beneath the tail of the signal day (30th August), depending on risk tolerance.
Trade active
UPDATE (trade activated 02-Sep): Short term trade activated as suggested, respecting long established support/resistance line from 30-Jun-2023 ($7.96).
Trade closed: target reached
UPDATE (week ending 06-Sep): Suggested close out of trade (if not already closed out, considering great result for a short-term trade and dividend play; remove from watchlist).
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