limtrades

600628 $11 Breakout for a 2:1

Long
SSE:600628   SHANGHAI NEW WORLD CO.,LTD.
Another great setup looking for that continuation of the break of $11 to 12,13....

Entry: $11
Target: $13
SL: $10

Big volume at beg. of March on the push-up, then some consolidation, best if the stock keeps consolidating for a bit more and then breakout. A lot of people holding long for now and waiting for the break to sell.

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