IRON
- - Broke 50 day moving average signalling change in momentum. Went through resistance point easily with strong volume.
- Broke second point of resistance easily, higher highs confirming change in trend.
- Next resistance 3.20 and then key zone at around 3.80.
Target 3.80 if breaks 3.20 - will assess zones beyond that.
Trade active:
Stop set at 2
Hold until price crosses back through (bearish) the 50 day MA.
Hold until price crosses back through (bearish) the 50 day MA.