TheTradingBay

BSL long after breaking out of base pattern

Long
TheTradingBay Updated   
ASX:BSL   BLUESCOPE STEEL LIMITED
Entry: 16.89
Stop loss: 16.31

Broke out with good volume from a cup and handle pattern.
3 SMAs are in order.
Trade closed manually:
Exited position at 17.30 today after it broke below the 8 SMA.
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