Thursday, November 26, 2015

Netcare Short Setup

A 3LB breakdown on the daily charts setup took place today with short parameters as follows: Entry zone between R36.68 and R37.18 with a stop as a close above R37.68 and downside targets at R35.68/R34.68 and R34.18



1 comment:

  1. A good burst out of the blocks for this trade for anyone who managed to get into position. price traded deep into the entry zone peaking at R37.01 before dropping away to a close at R36.00 well en-route to the first target. Personally I'm not in the trade as I had my short entry order at the top of the entry zone (R37.18) which wasn't hit and this is not one I'm going to chase further.

    ReplyDelete