AsimMirzaTrader

CWY - Possible Pullback in progress

Short
ASX:CWY   CLEANAWAY WASTE MANAGEMENT LIMITED
CWY has been going in a very good uptrend and appaently it seems that it has gone up quite far and facing some resistance. Hoping to see it retrace lower, ideally to the bullish trendline or towards the 200 SMA for a potential buy setup. I will see how it develops further if and when it comes lower for a pull back. My Buyzone is between $2.35 - $2.50, which is the trendline support area where I will be monitoring price action for a potential buy plan.

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.