czarly

Triangle break to the upside

XETR:CSX   None
The triangle is about 75% percent complete and is ready to break to the upside with a first target about 25% higher. The stock bottomed out for about 2 years and the price just broke the Bollinger band to the upside. Monitor this stock closely to find a good entry that reduces your risk. Currently the risk reward ratio is not favorable enough. A breakout candle with tighter stop loss would make this trade a possibility.

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