SwissTradingSchool

600276, Jiangsu Hengrui Medicine Co. Ltd - Cup & Handle

Long
SSE:600276   JIANGSU HENGRUI PHARMACEUTICALS CO.,LTD.
600276
Classic pattern, Cup & Handle, which in this case acts as a figure of continuation of the primary trend.
Let's take advantage of this breakout of resistance level.
Statistically as we know from our backtest based on our Entry Points, Stop Loss, Take Profit, we have a % positive realization of this trade equal to 35%.

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