Jazzy_Online
Long

Conservative Trade : Ascending Triangle + Breakout

ASX:RFT   RECTIFIER TECHNOLOGIES LTD
ASX:RFT
RFT . ASX seems to have broken out of an ascending triangle on Weekly chart. Weekly chart patterns play out the best and are slightly more reliable than Daily. The volumes is also steadily rising reinforcing the breakout. Conservative trade to enter at current levels or on slightly pullback tomorrow. Disclosure: Bought today at 0.038.

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