SwissTradingSchool

1177, Sino Biopharm - Trailing Stop and Ascending Triangle

Long
HKEX:1177   SINO BIOPHARMACEUTICAL
1177
After our long entry on the head and shoulders of reversing, we are managing the position by gradually moving the stop profits below the last lows.
Currently an upward triangle is forming within our trailing stop, which if it broke the resistance level would probably further give a bullish input and benefit the position value.
Trading is an activity that requires patience, and if you succeed you can really have great satisfaction.

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