czarly

Triangle break to the upside

Long
XETR:CSX   None
The triangle is about 75% percent complete and is ready to break to the upside with a first target about 25% higher. The stock bottomed out for about 2 years and the price just broke the Bollinger band to the upside. Monitor this stock closely to find a good entry that reduces your risk. Currently the risk reward ratio is not favorable enough. A breakout candle with tighter stop loss would make this trade a possibility.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.