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TheTradingBay

APX Short after it broke out of a rounding pattern

Short
APPEN LIMITED (ASX:APX)  
TheTradingBay Updated   
ASX:APX   APPEN LIMITED
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Entry: 15.16
Stop loss: 15.88

Went short after it broke out of its previous low in a rounding pattern with good volume.
The 3SMAs are in order and biased towards the downside.
Trade closed manually:
Stopped out of position after it closed above the 8SMA.
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