Description
⋅ we can see a bottom area and we can
try to make a trade long with a stop under 1,36 €
good break out of a bearish trend line
stock crosses over 200 moving average
stock has a good r/r as in the las 17 months it lost almost 50%
GOOD POC AREA AROUND 1,40-1,60
Comment
⋅ good news from china, Piaggio continues to rise.
Comment
⋅ trade closed with mor 50% gain!!!! I think price is near to real fair value of stock.
PRICE COULD RISE MORE BUT I THINK THIS IS A GOOD POINT TO EXIT.
WE RECOVER LIQUIDITY FOR OTHERS TRADE WITH GREAT RISK REWARD