11788 Long term consolidation breakout

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Reason for long
a) Long term consolidation breakout with volume
b) POC breakout
c) HSP breakout
d) Results okay
e) FMCG Sectorial Support
f) SL compulsory


Any big gap up or gap down of more than 3% invalidates the entry

Duration: 3 months
Expecting next qtly results is better or inline with market expectation. hence holding period is 3 months. Due to geopolitical tension - 5 to 7% profit is also a good. Position sizing not more than 0.5% of total capital, if SL hits.
Trade chiuso: obiettivo raggiunto
intraday target 5% done
Chart Patterns

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