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TheTradingBay

TPG Short after it broke all time low with volume

Short
TPG TELECOM LIMITED. (ASX:TPG)  
TheTradingBay Updated   
ASX:TPG   TPG TELECOM LIMITED.
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Entry: 6.21
Stop loss: 6.48

Shorted the counter it broke out of all time low with volume today.
Moving averages are biased towards the downside.
Trade closed manually:
Covered the counter at 5.43 after a bullish engulfing bar with high volume formed today.
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