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SML ISUZU LTD
Long

SML ISUZU - Company doing good sales and profit- Breakout ready?

Di The-Breakout-Trader
The stock had given a multiyear breakout from its May 2015 high. And then in a sideways move, and then this flag is being formed. Once the flag breaks on the upper side, we may see healthy upmove.
Nota
Continues to hover around the buy price. Lets wait peacefully for the volumes to come in.
Nota
Flag breakout happened in the wrong direction. I will wait for a week or so for the price to get back into the flag, if not, will take SL and close this trade as a failed trade.
Technical IndicatorsTrend Analysis
The-Breakout-Trader
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