#KRISHCA - Nice range breakout supported by volumes!#KRISHCA
This #SME stock is in my watchlist!
Nice range breakout supported by volumes!
Stoch has been in consolidation since a good period and breaking out with volumes today.
The measured target can be 50% post the candle high break of the daily candle which confirms breakout.
SME
E-MINI RUSSELL 2000 INDEX : LONGThe Russell index is a SME-oriented index that mostly addresses the American domestic market.
This index should generally show parallel movements with the Dow Transportation index.
In this respect, we received a good confirmation.
Determine the position size in small amounts.
For this analysis:
STOPLOSS : 1542.5
GOAL : 1743.5
RISK REWARD RATIO : 1/3