Suedzucker german stock with breakout setup

I love this setup. Works very good together, with the fundamentals surrounding this stock.

I am long as shown on the chart.

Blessings.

Zlecenie aktywne:

Okay, this correction is getting deeper and deeper. So whats the plan?
If it closes on a daily basis below 17.90€ i will close this trade for a loss and move on.
There is a chance that this was a so called "dead cat bounce" and we will see further downside towards 16 - 15€.
But for now as long as 18€ is holding there is still an upside chance i am willing to stay long for now.

Zlecenie zamknięto ręcznie:

Stop was not hit yet, but it came very close to it. I am closing this position now for a 2,5% loss. Moving on.