Sunday, February 10, 2019

EAST Tested the Target of 15/80 but did not close.

Some of those who bought EAST at or below 14/50 had the opportunity of exiting their trades at 15/80, the 1st Target. That level was just tested, and doesn't mean that the break out is confirmed. Therefore the counter will now have to trade between 13/70 to 15/80. It will be interesting to see how long it will take to break out of 15/80 ON CLOSING BASIS WITH VOLUMES. That is very very important for an aggressive uptrend. For those who'd want to enter, need to watch the Price action between 14/80 and 15/50. Next entry will have to be once the swing low is confirmed, or a break out as explained takes place at 15/80 and above. Till then worth watching on a daily basis.


My earlier post on EAST can be found here:
https://techwatch-esgee.blogspot.com/2019/02/east-potential-trade-target-at-1580.html


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