Joeyismoney

GREE is poised for more bullish momentum, ride the rising trend

Long
Joeyismoney Updated   
SZSE:000651   GREE ELEC APPLICAN
The trend has formed with support and resistance rising in consistent pattern, the buy entry is based on an area of confluence since the I expect a strong bounce from the support line.

The take profit level based on an area of resistance.

These trades are part of a position trading strategy to reduce the overall average cost of holding by trading the mini trends.

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Comment:
Time to enter guys. The bottom parallel is hit.
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