This is a long trade I have just entered.
Purely TA and avoiding outside noise.
Classic Support/Resistance Play on long term time frame.
SL just under longest wick, TP at top of horizontal resistance.
looking at long term trend continuation i think adidas is in a good risk reward buy zone. Ignoring outside noise.
My target is 50% increase from here over time.
I think we will see some choppy water in this area for the foreseeable but I favour the next major move cycle to be north.
looking at long term trend continuation i think Intel is in a good risk reward buy zone. Ignoring outside noise.
My targets are always 30% which sits nicely on this chart also
