CONFIPET - Monthly breakout clearing previous ATH
CONFIPET breaking out of Monthly Trendline as well as surpassed its previous ATH of 95.4 today.
Obviously, the psychological level of 100 would act as a resistance. If it crossed 100lvl and holds on the daily, will enter with a STOP below 99 on daily close.
Initial Targets for me would be 110/115
To be clear, No entry as of now for me. I will take a position if we close above 100 on a daily basis with a Stop Loss of <100 on daily close
Obviously, the psychological level of 100 would act as a resistance. If it crossed 100lvl and holds on the daily, will enter with a STOP below 99 on daily close.
Initial Targets for me would be 110/115
To be clear, No entry as of now for me. I will take a position if we close above 100 on a daily basis with a Stop Loss of <100 on daily close