TX (Ternium SA), a steel producer. Hot sector now.
Nice flag on weekly. Watch for a break of 45 for a potential swing trade to 56.70.
I would not enter unless it breaks out of the channel or maybe if it tests 42 again.
Stop loss at 41.50
Trade safe.
Nice flag on weekly. Watch for a break of 45 for a potential swing trade to 56.70.
I would not enter unless it breaks out of the channel or maybe if it tests 42 again.
Stop loss at 41.50
Trade safe.
Trade active:
break out ongoing
Comment:
Tempted to sell here...