TATCH 👻 TRADING JOURNAL: [ATC.AS] Second entry on Altice stocks
Hi guys !
Longtime no see (have been busy ^^)
Here is a recap on Altice, a long/mid-term trade we entered end of last year
1) Double bottom ?
After the 'krash' price made a 2 legged upward move follow by an extension of it's trading range turning price into an unfinished expending wedge.
Price is now make a local double bottom around 8,5€.
This is a great continuation pattern !
2) Target ?
As price 'missed' our 10,91€ target, I have changed it to 11,91.
It should go to 12,4 without issues but one 'you have it' is better than two 'you don't have it'.
All in all, upward momentum is still quite good for this Q1 2018.
Don't hesitate to join us on Telegram, upvote, share and ask questions in comment section.
Much love
Cédric
Tatch Capital Limited
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All disclaimers and common sense apply.
No advise, just personal commentary.
"Never go full retard".