SKL break-out

Updated
SKL has just broken out its trendline with a high-volume candle. This is a good sign for SKL to go higher to reach the targets (blue lines).
A referenced stoploss (red line) is also proposed in chart.
To be safe, it would be better to wait for successful retest of trendline to enter.
Note
TP1 $0.0505 was reached.
Note
TP2 $0.0545 done
Note
TP3 $0.0588 hit
+30% profit done
SKLTrend Lines

Also on:

Related publications

Disclaimer