$GMG swing trade set-up, buy at 10.35-10.45

Heres my set-up for today's entry purchase 1500 units $GMG Goodmam Group on the ASX. Price action shows a consistently strong bullish trend, previous diagonal support and resistance have held, and I'm going off the .786 fib and price oversold. Probability yes, for sure as TA stacks up. However as we all know, possibility is this could go against us. Risk management is key with stop losses in. Targets set and its now a waiting game. NOT financial advice.

Commentaire:

Sold my position today at a nice profit.