Channel breakout after retest
This is plotted on weekly TF. The company is a leading solar engineering, procurement, construction solution provider..It had BO'd and then retested channel line and has moved up again today 6% up. Targets marked. Please trade with SL. Stop loss could be below the last swing low..or - 1 Average true range (ATR) - [there are videos which show how to calculate ATR]
Note
Nice 15% move until now...moving toward target 1 - volumes have been good...today up 7%Note
Up 12% today..targets 1 & 2 achieved...30% move since this chart was postedNote
Just 100 shares @ 372 would have fetched 12K in 13 days..
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.