Tokyo Cement - Watchout for the Cup and Handle Break out

Watch out for Tokyo. Once a break out is established above 28/=, a re-test of the present high is expected. Break down below 26/50 will not be the best for a short term trade. Initiate a Buy at 28/= once the break out takes place, with a target at 30/60. Failure to trend in the short term will not be healthy, hence a stop at 26/50 is strongly advised. A plan to achieve this setup within a period of 2 weeks, would be a good idea if you are going in for a short term trade. If the target is not hit within this 2 week period you could close the trade.