BAND has been trading in a horizontal channel for more than two weeks now. The current bullish move found a strong resistance around the 14.50 area. Assuming the move will continue in the near future, wait for the price to close above the entry line to trade this break-out.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
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