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TheTradingBay

CDA Short after breaking out of recent low

Short
CODAN LIMITED (ASX:CDA)  
TheTradingBay Updated   
ASX:CDA   CODAN LIMITED
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Entry: 8.79
Stop loss: 9.33

Went short after it broke out of recent low with an increased volume.
Supported by MAs trending orderly downwards.
Trade closed manually:
Closed position on 17/3 at 7.43 after it breached 8 SMA.
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