TheTradingBay

HVN long after breaking out with high volume

Long
TheTradingBay Updated   
ASX:HVN   HARVEY NORMAN HOLDINGS LIMITED
Entry: 5.01
Stop loss: 4.76

Broke out of its thrice tested resistance of 4.88 today with good volume.
Stock has quite a number of overlapping bars. Might not be that aggressive in its surge though.
Trade active:
Took partial profit at 5.23 after stock dropped below the 8 SMA today.
Trade closed manually:
Closed the remaining position in this counter on 19 Feb at 5.48
after a long bearish bar that saw it breach the 20 SMA.
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