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Frenck
Aug 30, 2019 4:38 AM

SWMA broke resistance Long

Description

The stock just broke the D1 381.7 resistance after testing the weekly support.

Seems aligned for a bounce.

Buy above yesterday's high at 388
Target 460
Risk 6%

Trade closed: target reached

Closed on the weekly SMAs level
Comments
ducktonight
Cheers :-)
Frenck
@ducktonight, Target 467
ducktonight
@FRANCKDERET, Near target now but many good news from the company. Came out with a tobacco free snus. Stay or out?
ducktonight
It's very good that you postning the Target. Then we have a goal when to get out
Frenck
@ducktonight, I'll keep doing it as of now, Mister!
Bullandbeartrading
Very good long analysis !
Frenck
@Bullandbeartrading, worked out so far...
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