long-term vivendi trade
The price has broken out of a long-term resistance.
I split the trade in 2 positions.
at the first trade i broke out after the outbreak and placed my stop under the 78 retracement line.
I expect later with a backtest in which the course will return to the level. if this is the case i will place the 2 position which is meant for long...
Telefonica Brasil SA (VIV) looks good (BULLISH) right now.
Trading Above the Cloud - BULLISH
Accum/Dist turning up - BULLISH
On Balance Volume turning up - BULLISH
Stochastic turning up - BULLISH
RSI moving higher - BULLISH
MACD turning up - BULLISH
All indicators mentioned above are BULLISH
The stock looks like it's going to run...
Follow the comments on the chart! If the price goes up to the size of the stop loss point, put the stop loss on the entry point, Stop loss means that the closed price must be below the Stop line, the shadows are not acceptable