2020 Actual Trade: TEX +28% Profits
As we mentioned in October 21 article Let me Lift You Up: Terex Corp (TEX) , we tracked and added TEX into our portfolio and finished with +28% in about 5 weeks.
- Machinery is a strong industry like CAT because of infrastructure development
- Notice rectangle 4 months base of TEX from June to September
- Resistance line 22 is established
- Once breakout happened above 22 in October, it triggered buying into TEX 10/07 @24.34
- Strong uptrend lifted TEX all the way to 31.13 on 11/18 that is the time to take +28% profits about 5 weeks