AsimMirzaTrader

SPT - Trade Plan

Long
ASX:SPT   None
SPT has clearly broken out of its descending wedge with very high volume indicating that the downward trend may have changed. The current price action shows that price is pulling back and any bullish price action may get me involved. I would be a buyer after it prints bullish price action and I will be targeting the Resistance level of $0.850, a good potential reward of 45-50%.

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.