$ALT Altium Ltd long off support

Here's my trade set-up today $ALT Altium Ltd (ASX) long 480 units at 20.79 off this support level which has been holding up well so far. I've been playing these most recent s/r swings and making nice gains so happy to go in again. The only negative is the fact that the market in general have been very volatile (dumping) and as such, increases the risk on this trade. Bottom line though for me, this as an investment as well as a swing trade so its a good price point to pick up at a reasonable price point. Worst case scenario it takes a dip, breaks support and recovers at a later date. Not financial advice.

Commentaire:

It should be $ALU not ALT.. my bad.. here's a video update and market analysis: youtu.be/ysOK3wxgKMY

Commentaire:

Exited at resistance today .. I'm tending to take my money and run a lot earlier than usual these days given the volatility in the markets and lack of buyers in general. It has been pretty bearish of late.