SRM Bullish scenario
Updated
If you are on the bullish side for SRM, here are the potential targets with forming a cup & handle pattern.
Cup & Handle may fail eventually since they are actually rare but Target 1 is very conservative and Risk Management is a must around $13
Good Luck!
Cup & Handle may fail eventually since they are actually rare but Target 1 is very conservative and Risk Management is a must around $13
Good Luck!
Note
last chance this week or this might not be a handle anymore :) If the trade invalidates I would look for support around $5.35 but I doubt we can get that low in this bull market.Note
I don't think we will form a handle anymore but the support is holding really well.With a stop below the support zone, this trade is still worth it
Trade closed: stop reached
invalidated
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