Potential outside week and bullish potential for CXO

28 Jun

Entry conditions:
(i) higher share price for CXO above the level of the potential outside week noted on 27th June (i.e.: above the level of $0.1025).

Stop loss for the trade would be:
(i) below the low of the outside week on 20th June (i.e.: below $0.083), should the trade activate.

3 hari lalu

Dagangan aktif

UPDATE (week ending 04-Jul): Trade activated on 1st July, with the share price continuing above both 10 and 30 day MA's throughout the trading week. Important to note that there's a fair amount of congestion to work through from October 2024 on the daily chart - consider keeping the stop tight towards breakeven or beneath entry point at an area around $0.094 if risk tolerance is low, now that the trade has activated and moved up a reasonable amount.