BC has been consolidating/trading/bottoming inside a box since Q4'18 Since July'19 has been rallying and forming a series of bullish flags
Stock broke out from the second bullish flag last week and rallied nicely
In order to participate look for either: 1) correction of the rally towards 51.50 - 52.00 area or 2) breakout from the box AND CLOSE ABOVE 55.52 area
Measured targets are : T1 - from the bullish flag breakout is around 60.60 / T2 - from the breakout of the box area is around 69.12
Trade active
T1 reached , congrats longsTrade closed: stop reached
Stop in profit on the breach of T1TA
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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.