ASXSignalCentre

GDA Solid earnings results driving channel action

Long
ASX:GDA   GOOD DRINKS AUSTRALIA LTD
Channel action is clear to see. Positive uptrend at play. Great kicker off earnings call. Price is now extended out of Bollinger bands so timing an entry is key. Looking for candles to form back inside Bollinger bands then ride it back to the top of the channel. might need >10 days to get there.
entry between 0.080 - 0.084
Stop - 0.078 or below
Target - top of channel
For education purposes only.
Do your own research

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