Trendline breakout @ Action Const Equip Ltd. (ACE)
STOCK: ACE
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SETUP: The price continuously faced the resistance of the trendline. The level was tested four times, broke out a fifth time, and then the same level was retested.
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VOLUME: Volume is noticeably increased
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PLAN: Entry: Above high of the candle, 1536 STOP: Low of the candle or last swing, TARGET: 1:2 or 1:3
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NOTE: Manage your risk # Keep market sentiments in mind # For learning purposes only
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NOTE: Will not update on the same setup # Take Stop or Target
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