FBU long after breakout with high volume Long

FLETCHER BUILDING LIMITEDASX

Description

⋅ Jan 15, 2021 5:41 AM

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.

⋅ Feb 24, 2021 6:04 AM

Exited position at 5.92 on 22 Feb after it closed below the 20 SMA today.