SKL has been consolidating above the long-term trendline and forming a phase D of an accumulation schematic (Wyckoff).
For these reasons, a long set-up is proposed as in chart.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
Comment:
TP1 hit witt +10% profit from entry
Comment:
TP2 hit, +23%
Trade closed: target reached:
TP3 (and final) hit, +44%
Comment:
Although the target of 44% was hit but SKL seems to be still very strong with +34% more (until now). If someone has any news, I'm interested in. Thanks