ALKANE RESOURCES LIMITED
Long
Updated

ALK.ASX_Breakout Trade_Long

86
ENTRY: 1.130
SL: 1.025
TP: 1.255

- ADX>20
- Daily RS +ve
- Daily FFI +ve
- Weekly RS +ve
- Weekly FFI +ve
- Moving averages are aligned
- First breakout with high volume on 28 Feb 2022 from down-trendline
- Second breakout today with high volume
- Once clear another down-trendline, it should progress its uptrend
Trade active
- Take 60% partial at 1.25
- Shift SL: 1.165
Trade closed: stop reached

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