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TheTradingBay

FBU long after breakout with high volume

Long
FLETCHER BUILDING LIMITED (ASX:FBU)  
TheTradingBay Updated   
ASX:FBU   FLETCHER BUILDING LIMITED
Trend Analysis Chart Patterns Technical Indicators
1
0
trendanalysis chartpattern indicator
Entry: 5.76
Stop loss: 5.55

Broke out of its recent high with very high volume today.
A cup and handle breakout supported by the orderly SMAs.
Trade closed manually:
Exited position at 5.92 on 22 Feb after it closed below the 20 SMA today.
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