kickflip360

Bullish Pennant

Long
LSE:SBRY   SAINSBURY(J) ORD GBP0.28571428
Looking to trade a breakout from this continuation pattern, lets see if we can get it. Fundamentals are looking good with the Asda/Sainsbury merger, and we have recently broke out from years of sideways action. I think there's a possibility we can reach 2014 previous highs of around 427, depending on how well the stock market does in the coming months.
Trade closed manually:
closed at 326, made a small profit but I'm out for now.
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