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Electrolux B analysis on the daily timeframe

Lång
ELECTROLUX, AB SER. B (OMXSTO:ELUX_B)  
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OMXSTO:ELUX_B   ELECTROLUX, AB SER. B
Trend Analysis Support and Resistance Trend Lines Ascending Triangle 123trendchange tradervic sweden electrolux continuationpatterns continuation
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trendanalysis supportandresistance trendline ascendingtriangle 123trendchange tradervic sweden electrolux continuationpatterns continuation
Electrolux trend change confirmed to bullish based on the 123 trend change criteria on 8th July 2020. That also marks as the ascending triangle break.

Entered the trade on 27th July upon re-test completion of the ascending triangle. The overall ascending triangle target is 228.

My first target is at 198, which is just below the area of resistance.

18th August cup and handle pattern break suggesting a strong continuation trend

TARGETS:
198,214, 228
Stop loss:
147






Handel aktiv:
18th August cup and handle pattern break suggesting a strong continuation trend
Handel aktiv:
One can enter a long potion here with the target at 198
Trade stängt: målet nått:
1st target hit sold off 2/3rd position!
Trade stängt: målet nått:
Targets achieved!
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