GNW tested resistance zone, but couldn't break through
GNW tested the resistance zone between $3.67-$3.74, but it couldn't break through. I am therefore going to place a short trade, while my SL is at $3.75 and my first TP is at $3.00.
If GNW breaks through the minor support level at $3.00, next level to reach for would be $2.49 and then $1.98.
If GNW breaks through the minor support level at $3.00, next level to reach for would be $2.49 and then $1.98.
Trade active:
shorted at an avg fill price of $3.54
Trade active:
Chart looking good so far, we are only $0.08 away from the TP.
Trade closed: target reached:
Trade got closed at $ 3.00, a profit of some nice 15.25%. Congrats if anyone got onto it.