Reject Shop (ASX:TRS) Nice rounding bottom..Closely watching
TRS
- Stock forming good multi-year rounding bottom.
- Attempting to break 2018 high after over 500 trading session( hope this time go past)
- Volume supported the move, strong hands are getting into stock.
- Bennelong Australian Equity partners have increased their holding up 10% purchased from market.
- Accumulating at different levels, waiting of the breakout :)
- Only negative - COVID situation how it pans out in next couple of months.
https://newswire.iguana2.com/af5f4d73c1a54a33/trs.asx/3A543520/TRS_Change_in_substantial_holding
Trade active:
expected resistance , wait and watch on this consolidate. booked 50% profit with decent profit.
Trade closed: target reached:
Closed my position 100% with cool over 40% profit.
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