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TheTradingBay

NXL Short after it broke out of descending triangle

Short
NUIX LIMITED (ASX:NXL)  
TheTradingBay Updated   
ASX:NXL   NUIX LIMITED
Trend Analysis Chart Patterns Technical Indicators
0
0
trendanalysis chartpattern indicator
Entry: 4.03
Stop loss: 4.45

Shorted the counter after it broke out of its descending triangle with good volume.
Trade closed manually:
Covered position at 4.07 after it remained above the 8 SMA.
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