Olectra prediction on possible moves

5 feb

Olectra formed cup and handle on hourly and retracing near the C&P line ~1800.
Taking support from 1800 it can give target up to 2050
1750 is stop loss for this trade.

6 feb

Trade attivo

Olectra respected the trendline support today and closed near 1900, above LTH 1925 it might try to achieve the said target.

7 feb

Trade attivo

Today also the trendline support was respected, made another LTH but making slow moves which is good.

9 feb

Trade chiuso: obiettivo raggiunto

Olectra reached to 2047 day high, and got profit booking 2 times form the said level 2030