Intermediate Up-trending channel, Short-term pitchfork

22 ต.ค. 2021

• Stock is in an intermediate up-trending channel since the June 2021 breakout.
  
• Stock is taking short-term support from the 20ema, but currently under the 9sma
  
• Stock bounced off the daily Ichimoku baseline on 21st October, with a smallish hammer-reversal and signs of a continuation today.
  
• Trade idea calls for an entry at 75p for the retest of the central line of the pitchfork in the low 80's. Stop loss 72p. RRR 2:1