TEMPLE & WEBSTER GROUP LTD
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TPW | ATH BO | Buy on breakout

152
ENTRY: Intraday buy because I can see that the price is already breaking in and out the ATH. My bias is that it will close above the ATH and it deed. The buy candle is the highest candle in the box or consolidation.
TP: Resistances - Box breakdown, RSI, MA breakdown
SL: ATH breakdown.

BAD: No momentum even though it is already ATH and forming HH so far. Holdingfor 9 days now with just 5% gain.

https://www.tradingview.com/x/960OKWak/

Trade fechado: stop atingido
Closed with losses :( What's with market yesterday?
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Nota
Recovered after I sell on the long red candle. It's trailing the MA20
Learning: ATH indeed has strong upside. It's not easily be pulled down.
Nota
Buy back:

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Trade fechado: objetivo atingido
TP not followed but decided to sell at the top of the brekaout. It looks like it will consolidate after the breakout so I sold on top then just re-enter later. Waiting is too long for the consolidation - 74 days total waiting period.

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Aviso legal

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