ASPEN PHARMACARE HLDGS LTDJSE
Description
⋅ JSE:APN
Broke falling wedge few days ago as well as sideways consolidation.
Back tested breakout point and made solid support at 13700/50 area.
So far hourly making big engulfing bar.
Trade idea long around this level on bar close (if it stays the same)
SL=13600
FT=15700 for RR=2.29
ST=17000 for RR=4.52
Trade closed: target reached
⋅ First target for this idea reached.
Hitting some serous resistance.
Close half position, move stop loss deep into profit and leave the rest
Comment
⋅ Sorry that is wrong chart