A beautiful ascending triangle pattern on Quilter. Showing an even healthier uprend on the daily chart. With an even steeper support line. I’m looking for a break through 3378c. My target on the stock is 4772c.
Quilter has moved quite nicely setting up a nice ascending triangle pattern. I’m waiting for a 3% higher break as the stock moves to a higher box. At which point I will add to my position and trail my stop accordingly. I want a close above 3450c
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Account balance: R8013.80
Entry: R15.58
Stop loss: R14.07
Risk per share: -R1.51
Quantity: 99
Risk ZAR: -R149.49
Risk: -1.87%
P&L: +R33.66 (+0.42%)
Quilter has moved quite nicely setting up a nice ascending triangle pattern. I’m waiting for a 3% higher break as the stock moves to a higher box. At which point I will add to my position and trail my stop accordingly. I want a close above 3450c