Cherry94

Breakout towards the down-trend

Short
NASDAQ:ATVI   Activision Blizzard, Inc
The stock broke out the price level "A", consolidated for several days and confirmed the breakout by the big black candle. I'd get in at that small consolidation but I didn't see that setup at that moment, unfortunately. I got in at the opening of the following day after the big black candle.

1)The stop loss is above the recent small consolidation.
2)Profit target is based upon technical structure.

(Posted post factum)
Trade closed: stop reached