ASC - MCA Murray Cod Australia pushing resistance and ATH levels

Position taken

Price $0.460
Stop 3xATR $0.370
Portfolio risk 0.5%

New ATH
Rising OBV
68 RSI
Strong upward trend with parallel MAs
Above average volume

Murray Cod Australia Ltd. engages in breeding, growing and marketing of Murray cod, a freshwater table fish. It also engages in the construction and sale of aquaculture equipment. The company was founded on May 28, 2010 and is headquartered in Griffith, Australia.

Trade active:

Aim is to add a couple more positions to it following same Stop/Risk model and then fingers crossed it gets to a level wher eI can rpelace my stop with a trail, i.e. 20%. Or I might continue to adjust stop based on support resistance structure.

Trade closed manually:

Closing all positions and going to cash. Market too bearish for my liking.

www.abc.net.au/news/2021-05-13/m...

Also looking to consolidate from many to few holdings.