BNL had a pull back mid June and has since recovered to make new all time highs.
Since breaking out it has been consolidating right above resistance hence making it a new support level.
* New company
* Steady up trend
* Pays generous dividends
* Broke above pull back with relatively higher volume (7.28%)
* Creating new support level from the broken resistance
* Price is at a great point!
Trade Idea:
* Entry at previous close $27.63
* Stop at $26.20 (~5%)
* Target at $33.17 (~20% ROI)
Since breaking out it has been consolidating right above resistance hence making it a new support level.
* New company
* Steady up trend
* Pays generous dividends
* Broke above pull back with relatively higher volume (7.28%)
* Creating new support level from the broken resistance
* Price is at a great point!
Trade Idea:
* Entry at previous close $27.63
* Stop at $26.20 (~5%)
* Target at $33.17 (~20% ROI)
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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.
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.