TradingView
SwissTradingSchool
Aug 20, 2019 12:57 PM

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

JIANGSU HENGRUI PHARMACEUTICALS CO.,LTD.SSE

Description

SSE: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%.
More