SHLX Inverse Head and Shoulders

NYSE:SHLX trade setup:

• Inverse head and shoulder bottom
  
• MACD re-crossing positive
  
• 20 EMA above 50 EMA and both are upward and accelerating
  
• Last bar was very bullish and broke small trendline
  

Entry above Friday's high at 12.80

Stop Loss under Nov 1 low at 11.89

Profit target is 15.99

Risk/Reward of 3.5

Đã hủy lệnh:

Entry not hit. Trade cancelled.