SWING IDEA - SAINT GOBAIN

• Strong breakout and a retest is on going
  
• previously 111 levels acted as a strong resistance and now it is broken and is acting like a support
  
• 50EMA support on daily TF
  
• 0.61% Fibonacci support
  

Commentaire:

stock price is holding above 111 levels
which indeed seems to be a strong support.
we might witness a rally upside.

Commentaire:

Finally, stock price broke out of consolidation phase and
made a strong bullish candle.
We could soon see a convincing rally.
Just HOLD on !!

Commentaire:

first target achieved - 131.
second target should be 137.
SL - closing below 111

Commentaire:

Daily candle closed above 131.
We can add quantity.
Target will be 152 // 180.

Trade fermée: cible de profit atteinte:

152 target achieved.
made a high of 34%+ from our buying price