BRX set to move higher?
* Good earnings
* Long term, it's been going sideways but a new up trend has started
* Recently broke a multi year resistance of $21.93 dating back to 2016
* Used multi year broken resistance as support for the past 5 months
* Breaking out of the 5 month consolidation with higher than average volume
* High relative strength in the Real Estate sector
Trade Idea:
* Now's the time to get in since it recently broke resistance and has been testing it as support for the past 4 days.
* Long term, it's been going sideways but a new up trend has started
* Recently broke a multi year resistance of $21.93 dating back to 2016
* Used multi year broken resistance as support for the past 5 months
* Breaking out of the 5 month consolidation with higher than average volume
* High relative strength in the Real Estate sector
Trade Idea:
* Now's the time to get in since it recently broke resistance and has been testing it as support for the past 4 days.
Feragatname
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