ULTRACEMENT BREAKING OUT OF ASCENDING TRIANGLE PATTERN
-wait for a close above 7070-7090 on daily chart
-trade in futures or option of aug/jul contract
-once pattern is complete then look to add long position
-oi data is suggesting built-up
FUTURES TRADE
ULTRACEMCO FUT
BUY@7100(need to close above)
STOP@6980
TARGET-1@7340
TARGET-2@7490
TARGET-3@7630
-i expect even higher levels
-but before that will it test the breakout levels
-then start a fresh rally remains to be seen
-upside target is max capped at 7850-7970
-trade with limited risk
-trade according to risk appetite
-wait for the condition to fullfll
-trade in futures or option of aug/jul contract
-once pattern is complete then look to add long position
-oi data is suggesting built-up
FUTURES TRADE
ULTRACEMCO FUT
BUY@7100(need to close above)
STOP@6980
TARGET-1@7340
TARGET-2@7490
TARGET-3@7630
-i expect even higher levels
-but before that will it test the breakout levels
-then start a fresh rally remains to be seen
-upside target is max capped at 7850-7970
-trade with limited risk
-trade according to risk appetite
-wait for the condition to fullfll
עסקה סגורה: היעד הושג
FIRST TARGET HIT @7340 CUR HIGH@7380עסקה סגורה: היעד הושג
SECOND TARGET HIT IN FALLING MARKET @7490
כתב ויתור
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