Associated Alco & Breweries [Swing Long]

Liquor sales volumes are expected to be affected by up to 5% in this quarter due to ongoing elections, sales will be hit in April-June this year. Be aware and manage your risk.

Premise:
Testing demand order-block that has previously been tested 5-6 times and has held well.

Setup:

• Target - 283
  
• Stop - 219
  
• Potential - 23%
  
• R - 4.82
  

Trade closed: stop reached