AsimMirzaTrader

88E - Is it ready for a Breakout?

Long
AsimMirzaTrader Updated   
ASX:88E   88 ENERGY LIMITED
88E has managed to close above the long term Bearish Trendline with apparently much heavy volume. The bounce off the POC of Volume Profile, Bullish MACD and the breakout all indicate that the price is expected to continue to the upside. I am bullish 88E with my targets below:

TP1 - 0.015 (Potential gain 35%)
TP2 - 0.019(Potential gain 67%)
Stoploss - $0.007

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

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