ABG bear flag broken

2 авг. 2020 г.

Close below previous swing lows at R80 triggers the short trade. R75 first target while R70 is full target. Stop loss will need to be trail in order to make a good R:R trade. Stop loss above R84 (previous day highs)

10 авг. 2020 г.

Сделка активна

Trade is still open. Has held that R80 very nicely but has found some support at R76. A close that level will see some selling coming through. 1st and 2nd target still active.

16 авг. 2020 г.

Сделка активна

First target was reached on a nice gap down after a trading statement released. Our stop loss remains at a close above R80 while our 2nd target remains at R70.

23 авг. 2020 г.

Сделка закрыта: достигнута стоп-лосс цена

Friday's close above R80 triggered our stop loss. We managed to hit our first target but lacked further momentum.