Delta Corp: The Breakout Trade

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Notes on the chart.

Trade Safe

Regards
Bravetotrade
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Stock is performing well since the breakout but currently trading at 188 which is 61.8% of the downleg from 218 to 139.

So far nothing suspicious, manage SL so as to lock some profits.
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It would be interesting to notice stock behavior near 200/209. Until then trailing would be the best strategy.


快照
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2nd get also achieved.

After crossing 197 hurdle, 208/209 would be an easy move.

The harmonic pattern above has been suggesting reversal on that spot but only the price action would reveal what can be the future direction.
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For remaining position my SL is at 185.
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Moving SL to 189
bollingerbandstrategyChart PatternsDELTACORPtrianglebreak

JJ Singh
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