Adbri - Ascending Triangle - Approx 17% upside

2020년 12월 4일

Not my fav set up here but looks a fairly high probabilty trade.

Technicals - Ascending triangle formation, entry on triangle break with bullish candle confirmation.

Fundamentals - materials sector is expected to get plenty of activity from various government stimuli, plus, low interest rates environment is beneficial. Additionally, the market expected a much weaker outcome as a result of the coronavirus pandemic, and as a result a further bounce in share price is a decent probabilty.

2021년 1월 17일

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