Asos

That would have been a good idea Earl, maybe i should have closed @ £27+

However if it can close above, 2396p. The next resistance, looks to be around @ 2575p.

As the setup is good(we had the trendline break) and the bounce is strong, i'm going to hold on a bit and see where we go over the next few days.
I have moved my stop up off course, so gonna let it ride for now.
Regards,
Trendfriend

Nice one! Always good to see analysis followed by trade followed by strong rise!

What's your target here? Or are you already out at 2700+?!

This looks amazingly strong, looks like its done a bigger 1,2,3 low just now!

uk.advfn.com/p.php?pid=chartscreenshotsh...W6ns=&symbol=L%5EASC

I'm long here on the breakout, my order got filled @ 2420p, not the ideal entry price, but the best i could get.
lets see it goes

Regards,
Trendfriend.

This looks to be a very good setup building here.
This is a long term chart, showing the massive fall from the highs, £70 to £20!
uk.advfn.com/p.php?pid=chartscreenshotsh...z0%3D&symbol=L%5EASC

Note bottom right hand corner, the break of the down trend line.

This is also close to a 1,2,3 low as shown in this close up.
uk.advfn.com/p.php?pid=chartscreenshotsh...9Q%3D&symbol=L%5EIAG

The break will happen at 2377p, say 2380p to be safe, this is where i intend to go long, it will also be a break of the 20 day ema, and all of this should give this a additional boost, as technical traders will looking at this level to go long.

It would be good if someone could check my charts/numbers.(had a long day and i'm tired)
Any comments would be appreciated.
I think this could be a good trade, lets see if we get the 1,2,3 low, and how it develops tommorow.
ATB,
Regards,
Trendfriend.

i'm long on this today.

uk.advfn.com/p.php?pid=chartscreenshotsh...6s%3D&symbol=L%5EASC

Good day folks,

Regs,
Trendfriend.