RKT on LSE - Long
Momentum trade
Price has broken out of trend line and reclaimed significant support level.
Price sitting on weekly 200ma.
Enter as close to entry price or support level.
TP1 - exit 35% position - Top of range & .618 Fib
TP2 - exit 35% position - .786 Fib
TP1 - exit 30% position - .886 Fib
Momentum trade
Price has broken out of trend line and reclaimed significant support level.
Price sitting on weekly 200ma.
Enter as close to entry price or support level.
TP1 - exit 35% position - Top of range & .618 Fib
TP2 - exit 35% position - .786 Fib
TP1 - exit 30% position - .886 Fib
Trade active
Another great start.Highest price seen in 2 years. Broke the high of Feb 2024. Looking bullish!
Note
TP1 hitTrade closed: stop reached
Stop hit. Target 1 of 3 was hit.
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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.