There was a trend reversal. But it broke that trend line and has gone for consolidation. Right now it's near support which seems a good buy. And if there is a breakout from consolidation then we can expect a Bolinder Band blast.
For education purposes only.
Kommentera
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The company has yet not broken the consolidation, don't square off the positions. An important rule: never square until you hit your SL or target, although you can trail SL after there is trend breakout.