Looking for a pullback on SFM - Buying the breakout
Cup and handle setup with a target of $35.00
Cup and handle setup with a target of $35.00
Trade active:
Trade Opened at $24.62
Trade active:
13% gain so far, holding for further notice
Comment:
Another way to trade this setup would be waiting for a clean breakout above the top of the cup (in this case $28.50) entering and riding the following volume.
Trade closed: stop reached