Drax

7 years 2 months ago - 7 years 2 months ago #15955 by remo

Replied by remo on topic Drax

Possible 123 low breakout , signalling end of down turn possibly???
Maybe worth attempting long on test of breakout point

Last edit: 7 years 2 months ago by remo.

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13 years 2 months ago #7332 by remo

Replied by remo on topic Drax

This is from this weeks share tips section

Perfect short.It hit the short level perfectly then droped...This should be a free trade

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13 years 8 months ago #3751 by redchilly

Replied by redchilly on topic Drax

Follow-up chart
Closed my position @ 602 this morning

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13 years 8 months ago #3600 by redchilly

Replied by redchilly on topic Drax

Follow-up chart
I entered on backtest after a close above 571 stop is below the backtest candle (564)

The following user(s) said Thank You: ftse80, Rossymc

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13 years 8 months ago #3321 by redchilly

Drax was created by redchilly

Wait for a convincing close above the red line (571) as there is a lot of resistance at that level on weekly and monthly

But if it manages to close above 571 then a Target of 631 is likely
SL below 546

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