AsimMirzaTrader

SUN - Bullish Trade Plan

Long
AsimMirzaTrader Updated   
ASX:SUN   SUNCORP GROUP LIMITED
After making a Higher High SUN had retraced lower to Support of $9.60, and have bounced off quite well. Price is above the 200SMA and 50SMA, indicating that its bullish. I think SUN should continue higher with targets as below:

TP1 - 10.70 (potential gain 4%)
TP2 - 10.96 (potential gain 6.5)
Stoploss - $9.50.

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.

Comment:
Comment:
SYD progressing well and going according to plan. Expecting price to move further up!
Trade closed: target reached

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