SDF structure buyFrom 4.62 to 5.21 creates a new high so looking for buying opportunities.
Last failed selling bar (failed to break 4.62 is at 4.74)
Leave a buy order at 4.77, s/l 4.57, TGT mod-Schiff UML & manage stops
SDF trade ideas
SDF long after breaking out of its previous highEntry: 4.20
Stop loss: 4.14
Went long in the counter after it broke out of its previous high after a short consolidation.
$SDF - consolidationI would love to see this base a bit longer. But 5 week base is ticking most boxes.
WILD!WILD!GUESS! $SDFWILD!WILD!GUESS!
potential play:
#1 Breakout play @2.92
OR
#2Range Play @2.77
NOTES:
RSI: GOOD
MACD: GOOD
VOL: awaiting more build up
SDF.AX breaking outgood volume in positive direction on market close with a hammer..
on a forks 50% support..
broke out of highs on cup/handle formation...
weekly looks good..
heikenashi very strong bull on a nice 1.7bil market cap.
