Bullish potential detected for SHL

Oct 12

Entry conditions:
(i) higher share price for SHL along with swing up of indicators such as DMI/RSI.

Depending on risk tolerance, the stop loss for the trade would be:
(i) below the recent swing low of 8th October of $21.42, or
(ii) below the prior swing low of $21.07 from 26th September.

Oct 18

Order cancelled

UPDATE (week ending 17-Oct): Lacklustre performance throughout the week changed the parameters of the trade with respect to potential stop loss prior to potential activation later in the week, therefore trade set up can be ignored this time around - we'll look for another trade instead.