Get started
TheTradingBay

WES long after break out from recent high

Long
WESFARMERS LIMITED (ASX:WES)  
TheTradingBay Updated   
ASX:WES   WESFARMERS LIMITED
Trend Analysis Chart Patterns Technical Indicators
0
0
trendanalysis chartpattern indicator
Entry: 51.09
Stop loss: 49.84

Took a position in the counter after it broke out of its recent high.
The volume is not very convincing though even if the 3 SMAs are aligned.
Trade closed manually:
Closed position at 50.47
Has just been ranging and has breached the 8 SMA.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.