Bullish potential detected for T

Mar 29

Entry conditions:
(i) retracement back to short-term moving averages (8/15 daily EMAs), and
(ii) observation of market reaction at potential support area of $28.48 (from the open of 11th June 2025).

Depending on risk tolerance, the stop loss for the trade would be:
(i) below the rising 50 day moving average (currently $27.11), or
(ii) below the rising 200 day moving average (currently $26.87), or
(iii) below the rising VWAP (currently $26.54).

Apr 4

Note

UPDATE (week ending 02-Apr): Poor market reaction thus far at potential support area of $28.48 - "wait and see" - observe for any decent response with respect to indicators such as DMI/ADX and RSI in combination with ichimoku for confirmation of a positive move.

Apr 12

Order cancelled

UPDATE (week ending 10-Apr): Potential trade abandoned due to a change in trend and indicators for this trading instrument - let's wait and see what other potential trades come our way!