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Smiths DS: SMDS Head and Shoulders breakout

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12 years 8 months ago #7055 by ps13
Replied by ps13 on topic Smiths DS: SMDS Head and Shoulders breakout
Redchilly

Gone with a long at 248.5 as been watching this all morning.

What's your view on price target? I am looking for 263/265.
The following user(s) said Thank You: ronnie

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12 years 8 months ago #7056 by redchilly
Replied by redchilly on topic Smiths DS: SMDS Head and Shoulders breakout
will start taking profit at 265 (previous high)
then 275 100% fib extension
& 295 161.8% fib extension
sorry no chart as @ work :(
The following user(s) said Thank You: cautious tone

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12 years 8 months ago #7057 by ps13
Replied by ps13 on topic Smiths DS: SMDS Head and Shoulders breakout
Thanks for the reply...

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12 years 8 months ago #7118 by redchilly
Replied by redchilly on topic Smiths DS: SMDS Head and Shoulders breakout
Follow up chart 10/11

Gapped up today
Partial profit taken....closed 1/3rd today.
SL moved to below the low of yesterday ( 248.5 )
Trade not free yet but near to breakeven.


Order to open long @ 254.5 (gap)

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