MCRI - breakup into ATH
A breakup into all time high (ATH) on high volume is likley to be sustainable.
With initial stop loss placed slightly below the breakout level @ 73.50
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is NOT a trade advice. Please your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you.
With initial stop loss placed slightly below the breakout level @ 73.50
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is NOT a trade advice. Please your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you.
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