CIM.ASX_Breakout Trade_Short
Updated
ENTRY: 18.16
TP1: 14.51
TP2: 11.87
SL: 19.30
- ADX>25
- RSI<30
- RS and FFI -ve
- Weekly MACD -ve
- MAs aligned although 100MA above 200MA but pointing downwards
- Breakout with good volume
TP1: 14.51
TP2: 11.87
SL: 19.30
- ADX>25
- RSI<30
- RS and FFI -ve
- Weekly MACD -ve
- MAs aligned although 100MA above 200MA but pointing downwards
- Breakout with good volume
Trade closed manually
- Close position at 17.86- 31 Mar 2021 possible stopping volume
- Today showing possible short-term breakout from down-trendline
- Keep in watch again to see price action to open another short position
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