AsimMirzaTrader

88E - Trade Plan

Long
ASX:88E   88 ENERGY LIMITED
88E is in a pull back phase. The current level is a decent support which is also a trendline support zone. If price action gets bullish at the current level, between $0.030 - $0.033, I may take a long position. If price fails at the current support and drops, then my 2nd Buy Zone is between $0.020 - $0.023 level. I may wait for bullish price action with confirmation to take a long position.

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.

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