Hey traders, looking for bullish confirmation of a breakout here. The technical setup is a quintessential bull flag. Updates to come upon breakout or cancellation. Happy trading
Waiting for LHO to open for trade UK time. Will analyse and execute if it looks like it will happen.
Does look like a good set-up, even though i know nothing about the company lol
glennmercer
⋅
@amar007, Haha Yes, that is often the case with breakout setups. They are short-term holds and really don't require much fundamental knowledge, although it always helps if you're trading in the right long-term direction as well
AmarGMedia
⋅
Whats your theoretical entry ? Will look out for your update.
glennmercer
⋅
@amar007, I will wait for market open and place a buy stop at 31.27 if there is a bullish impulse. Cheers
Does look like a good set-up, even though i know nothing about the company lol