SKM trade ideas
skmInteresting div yield, and market beta. The VAR is problematic so would require strong targets. trading sideways.
LONG SKM WITH NICE KICKER ON FLAG CONFIRMATION BREAKOUTENTER 22.46
STOP 22.24
TARGET 23.40
The trade is in the direction of the trend: ascending impulse with flag. The flag pattern is confirmed on breakout. Nice kicker signal. The trend is supported with 20MA, 50MA and 200MA bullish order.
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