Trade: Buy COMS on Resistance Breakout

Trade:Buy COMS on Resistance Breakout

Snapshot:

Buy COMS on Resistance Breakout
Buy COMS on Resistance Breakout

Reasons For Trade:

  1. Price has already tested resistance level at 1.13 and now has come back on a good volume.
  2. Price is not oversold yet. There is still chance for it to go higher.

Stop Placement:

0.850

Targets:

First: 1.52p

Second: 2p

Trade Execution:

 

Concerns:

Price close to oversold so it may come back down now and then try to break 1.13 level.

Planned News/Events Expected:

Unknown

Post Execution Review:

 

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