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Capn_Vibe

TV Rounding Bottom Trend Reversal

Long
Grupo Televisa S.A.B. (BATS:TV)  
Capn_Vibe Updated   
BATS:TV   Grupo Televisa S.A.B.
Trend Analysis Chart Patterns
1
0
trendanalysis chartpattern
TV was in a clear downtrend. For the past three months it has formed a Rounding Bottom. It made a breakout and is now in the Trend Reversal part of the pattern. I'm looking for a move to resistance at $4.50.

https://www.tradingview.com/chart/bGJWkuzC/
Comment:
37% owned by tutes. Citigroup reported a 22% increase this month. Consensus price is currently $6.42.
Trade active:
Added more shares today and holding a full position of 1000 shares. Planning to stop if it loses 3.20.
Trade closed: stop reached:
Stopped out
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