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Girish
3 sty 2017 14:36

SINTEX - Long Long

Opis

Multiple lows near 70 zone. Last week, price showed early signs of buying interest. Today there seems to a good buying interest. A TLB on the weekly chart, can be further indication of price wanting to move up.

I'm long with STOP below 70. So, I'm biased that way.

Komentarz

Looks like there's a TLB break-out at open today.

A close above 92 will be a confirmation.

Komentarz

Today's move can be the trigger on SINTEX for a weekly close above 92-93.

If this happens, I expect a retest of prev weekly highs. :)
Komentarze
Girish
Price fell yesterday after making of 91.15. So, the TLB resistance zone played out and price was unable to cross 92.

Below 80, long view negated. Will exit current position.
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