RELAXO FOOT LTD.
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Relaxo Break Out and Retest

100
Relaxo Footwears have broken out of the Channel/Triangle pattern and has retested the breakout area. Entered long with strict stop loss. If going further below, better to exit without a second thought.

Possible target just below a recent resistance area.
註釋
Relaxo seems to have held the support. A good green candle formed.
註釋
The trendline with the higher slope has been broken downwards today. Let's see if Relaxo can take support on the upper line of the channel.
註釋
Relaxo not giving a clear clue about the next move. Even while the market is highly bullish, Relaxo is very sluggish. Holding the support line. There's still hope for a positive move.
註釋
Held the support really well. Jumped up with a good bullish candle.
交易結束:目標達成
Hit the target right after market opening

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