Lendlease Reit - Nice Uptrend Channel

Today, Lendlease Reit finally break up of its upper uptrend channel.

05 May 21 - Selling Climax - failed, continued to goes down for anther 6 days.

14 May 21 - Selling Climax - succeed -next day price action was pretty bullish.

Definition of selling climax 

: a sharp decline in stock prices for a short time on very heavy trading volume followed by a rally.

04 Jun 21 - No Supply Test

10 Jun 21 - No Supply Test

17 Jun 21 - Up Setup

30 Jun 21 - No Supply Test

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.