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TRADER-WANNA-BE
Nov 17, 2020 5:28 AM

AFI.ASX_ST Long Long

AUSTRALIAN FOUNDATION INVESTMENT COMPANY LIMITEDASX

Description

ENTRY: 7.04
TP1: 7.16
TP2: 7.32
SL: 6.8

- ADX>25 today (17 Nov 2020)
- RSI>70 today (17 Nov 2020)
- MAs are aligned
-Break up with good volume

Comment

- Didn't like the closing today as would like it to maintain above 7.32.
- Shift SL: 7.15

Comment

- Broke above 7.32 resistance and looks like consolidation there
- Adjust TP: 7.75
- SL: 7.15

Trade closed: stop reached

Hit adjusted SL.
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