Bullish potential detected for WEBDetected 05-Jul (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 05-Jul.
ASX:WEB represents a potential bullish opportunity should momentum continue and newer highs be made.
Entry conditions:
(i) higher share price along with swing up of indicators such as DMI/RSI.
Stop loss for the trade would be:
(i) below the support level from the open of 28th June (i.e.: below $9.06), or
(ii) below the support level from the low of 27th March (i.e.: below $8.90), depending on risk tolerance.