Lend Lease Stapled trend following idea Long

LENDLEASE GROUPASX

Description

⋅ Mar 20, 2018 9:54 AM

-3 Week flag formation
-Very rapid mark up
-Near recent highs
-Declining volume as flag forms

Will risk 20 to 40 basis points
Will implement a 30EMA trailing stop as I cannot identify an underlying formation in which to measure a take profit order