BAKE has given a breakout on hourly time frame, and formed a new higher high, and has also potentially printed a new higher low around 0.382 fib retracement level and is all set to break the previous higher high, which is also the entry point for this trade setup. The bullish rally is expected to continue further up. Targets are mentioned on the chart.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.