Meandering a long

30 juin 2020

IH2O is consolidating around 200dma, which is also right in the middle of what was a long 2H19 consolidation. Price action so far supported by 50dma, I'm bullish with a target of 3750 - where the Feb/Mar sell-off continued.

14 juil. 2020

Note

A fake breakout above and fake breakdown below have happened since. Fingers crossed the next move is the real one upwards.

11 août 2020

Trade fermée: cible de profit atteinte

Target reached. Tested 3754 and rejected. Will have to build until next move to 3860.

14 août 2020

Note

As expected the foray above 3755 did not last long. This is a good sign however for a future bullish move.