Took partial profits on ARR as the price surged over 20% today...
It was pure luck that I got to sell near the top of the day's range, as I was busy during the day to look at the market and only had a brief chance to have a peek near the closing minutes. Caption of my trading account to show that I am not cherry picking favourable prices:
Took a short term trade on Costa Group Holdings Ltd (CGC) . Won't go into the fundamentals as I have done company analysis in the past, see post https://hotcopper.com.au/posts/44829608/single
From a long term technical standpoint, price has found support around the same levels reached in March 2020 and bounced:
From a shorter term view, there is an Inverse Head & Shoulders pattern on the chart, which is considered bullish by technical analysts and traders that use chart patterns in their analysis:
Open Portfolio:
Closed Positions:
