Bega - a long cup & handle formation
2 1/2 years to have formed this pattern. looking to breakout to the upside, after a minor pull back to trend support.
Easy move here with 5-6% risk.
Entry if you've already missed it will be somewhat difficult, either wait for pull back or slowly sizing in or either take the confrimation of handle top.
potential 15-50% move depending on your TP targets and term length.
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*- Slow mover
- Potential fake out and heavy resistance above 6.40
- Best entry required for good R:R (as of writing its around 2.5/3.5)
Easy move here with 5-6% risk.
Entry if you've already missed it will be somewhat difficult, either wait for pull back or slowly sizing in or either take the confrimation of handle top.
potential 15-50% move depending on your TP targets and term length.
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*Multiple Bull Divs
*2 1/2 Cup formation.
*Currently in handle
*Strong company growth and earnings beats.
*Recent acquisition of Lion group.
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*- Slow mover
- Potential fake out and heavy resistance above 6.40
- Best entry required for good R:R (as of writing its around 2.5/3.5)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.