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SWELECT ENERGY SYSTEMS BREAKOUT+RETEST.
SWELECT ENERGY SYS LTD
Long
SWELECT ENERGY SYSTEMS BREAKOUT+RETEST.
By PriceActionSpotter
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Jan 6, 2022
1
Jan 6, 2022
SWELECTES
Broke out of a major channel pattern of 2 years and gave retest.
Enter entire position at C.M.P and hold for targets of 400/430+
Sl below the channel (230 levels)
Volumes leading towards breakout are bullish. A gap up breakout and a retest is a safe entry signal.
If price sustains above all time high, hold for even bigger money.
Position size accordingly. HAPPY TRADING!.
breakout
Chart Patterns
Parallel Channel
priceaction
retest
swelect
swelectenergysystems
PriceActionSpotter
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