Was just having a bit of a look through some Australian stocks on the ASX and notified that both Flight Centre and Webjet ( WEB ) were looking bullish on the charts.
Makes sense when you think that a lot of the travel restrictions we are under could soon be lifted.
Pricing looks a bit expensive at the moment. Until you zoom out ;)
Might be a bargain. What do you think - Yay or Nay ?
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Should have been 86%
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Nice 10% bullish move.
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How To: Risk Management - A Trailing Stop Loss of 8% would have kept you in most of this trade for this period. If it broke below that it could have been a good sign to exit and look for a new entry when the trend resumed.