STTCOMP LYC, TA Long Bounce off short term support with...

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    STTCOMP LYC, TA Long

    Bounce off short term support with volume... rounding bottom looks to have formed on the monthly... OBV / MAC-D looking good... Ive taken an early entry in anticipation of an upwards thrust through that significant 1.2/1.3 resistance. I figure with a tight stop loss the reward far outweighs the risk on this trade.



    Weekly:

    Untitled.jpg




    Monthly:


    monthly.png



    As an amateur trader I welcome and are appreciative of any pointers / feedback towards the above...
    Last edited by Timmmmmbo: 25/03/17
 
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