BLDP - Flag formation long term long up to $4.34
Updated
BLDP is forming a nice flag formation with huge volume, rally was backed by a recent contract. However, in the weekly frame it is forming nice upward momentum. We think it has very good upside potential in long term.
* Trade Criteria *
Date first found- April 10, 2017
Pattern/Why- Flag formation
Entry Target Criteria- Break of $2.83 or pull back to $2.70
Exit Target Criteria- $2.47
Stop Loss Criteria- $4.34
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date first found- April 10, 2017
Pattern/Why- Flag formation
Entry Target Criteria- Break of $2.83 or pull back to $2.70
Exit Target Criteria- $2.47
Stop Loss Criteria- $4.34
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Trade active
April 11th- Declined & hit our pullback entry price. However after hitting entry it went up & closed the day 6.6% higher from entry. Looking very good as long.
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