Entry conditions:
(i) higher share price for
CNI above the level of the potential outside week noted on 4th July (i.e.: above the level of $1.795).
Stop loss for the trade would be:
(i) below the low of the outside week on 30th June (i.e.: below $1.655), should the trade activate.
(i) higher share price for
CNI above the level of the potential outside week noted on 4th July (i.e.: above the level of $1.795).Stop loss for the trade would be:
(i) below the low of the outside week on 30th June (i.e.: below $1.655), should the trade activate.
Note
UPDATED (week ending 11-Jul): No activation of trade as yet - watch, observe and wait...Trade active
UPDATE (week ending 18-Jul): Trade activated 18th July with trading (and a close) above the level of the outside week noted in the entry conditions above. The share price closed above both 10 and 30 day MA's at the end of the trading week.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Detailed commentary/updates about trades (stocks, crypto & bonds) available:
ivorywolf.start.page/ (Facebook / Telegram / YouTube / personal web-page)
Like/join/subscribe for the latest!
...
ivorywolf.start.page/ (Facebook / Telegram / YouTube / personal web-page)
Like/join/subscribe for the latest!
...
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.