p4917

LONG run in Adidas📈

Long
p4917 Updated   
XETR:ADS   ADIDAS AG NA O.N.
I've placed a limit buy in this market because:
  • the long-term descending trendline was been broken
  • we have a bullish seasonality for Adidas
  • the price has broken above the 30's SMA
  • the price has broken above the prior swing high
  • the price has formed now a sequence of higher highs and higher lows (= bullish trend)

Order cancelled:
Order cancelled because price moves not much and I need free margin to trade.
Trade active:
New order placed. Order filled. Long position established.

Trade closed manually:
Trade closed with small profit because the stocks doesn't seem to have enough momentum.
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