Altice has been a very long-term trade and it ain't over yet.
This follow:
Many things on this chart !
We had a nice reversal, follow by a 2 legged correction in the form of a "spike & channel".
That channel was "breached" below then above (= channel is over). Then price retested the low (stophunting) and just reach an important level of interest around 7,80€.
First 'conservative' target is 8,5€, 'moderate' 8,7€ and 'aggressive' 12,4€.
Next level of interest is 7,2. If 'they' turn the correction into a 3 legged wedge it will be their target for some more stophunting...
Again no advice here just commentary...
I see 2 ways to play this:
Buy at 7,8 and at 7,2 (buy limits) take out the first buy at 8,5, tighten you SL and let it run to 12ish €
Buy (bigger lots) at 7,8 with a tight SL and exit half at 8,5, tighten you SL (you can put it at breakeven) and let it run to 12ish €
Buy again (bigger lots) at 7,2 with a tight SL and exit half at 8,7 minimum and tighten you SL (you can put it at breakeven) and let it run to 12ish €.
Cédric
https://tatchcapital.com/token.html
https://wallet.tatchcapital.com/market/TATCHCOIN_EUR
http://guldenbites.nl/en/
All disclaimers and common sense apply.
No advise, just personal commentary.
"Never go full retard".
