BMRA Long / ride up but major resistance ahead
BMRA, nice volumes and ride up possible to 4.1 around
Beware ! Go monthly view, there is a MAJOR resistance at 4.8, the graph shows this threshold since the 80s
Just in case you plan a take profit above 5, beware some major short might pop up before.
As usual, those a just scenarii possible, this is not a recommendation to buy ! Any advise appreciated !
Please manage your risk and position sizing according to your plan.
All the best !
Beware ! Go monthly view, there is a MAJOR resistance at 4.8, the graph shows this threshold since the 80s
Just in case you plan a take profit above 5, beware some major short might pop up before.
As usual, those a just scenarii possible, this is not a recommendation to buy ! Any advise appreciated !
Please manage your risk and position sizing according to your plan.
All the best !
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