Beauty of big M pattern is the good reward potential of reversing the complete trend from where it has started. We can see that stock has formed the pattern nicely and with little luck one can expect the price to the level of 90 which is a good reward. Stop Loss I leave at your discretion on your risk taking capacity.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Comentário:
Moving as expected :)
Trade ativo:
Trade is doing well good MTM so far. continuing with trailing SL for the target :)
