Another potential breakout on CLC and this time from a Double-Bottom pattern. Projected TP of this breakout is around 9.7.
*Immediate support is around 9 (previous resistance now becomes support).
See previous analysis for reference on this Double-Bottom prior to breakout.
https://psetrends.blogspot.com/2018/01/clc-breakout-update.html
Trading Plan
- Buy the breakout but with tight stop on breakdown from immediate support.
- If still holding previous position, continue profit-run with trailing-stop.
No comments:
Post a Comment