Sail - breakout

Time frame - 1 hr
Triangle breakout - retest done.
Supported by 20 ema.
Surge of 10-20% upside can be seen.

Commento:

Negative impact due to news. China to ease restrictions on steel making.
It is consolidating in rectangular channel.
Good move expected after breakout of this channel.

Trade attivo:

Still consolidating in horizontal channel at 1 hr time frame.

Commento:

Made a high of 135. Stock has potential to go up to 150.