CapitaLand Ascott Trust
Long
Updated

HMN.SGX_Breakout and Retrace Trade_Long

63
ENTRY: 1.09
SL: 1.00
TP: 1.24-1.30

- ADX<25. Would like to be higher.
- RSI<60. Would like to be higiher.
- RS and FFI -ve but increasing.
- MACD +ve.
- MAs aligned although 40MA still below 100MA but pointing up.
- Breakout with good volume on 10 Mar 2021 and retraced with lower volume until 1.05 (Resistance-turned-Support) and bounced back.
Trade closed: stop reached

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