BROS has been on a steady uptrend since Sep 2023 and recently, the stock has dipped corrected but rebounded after prices breaks out of the corrective overhead resistance channel/flag. On top of that, the cup and handle formation is confirmed after strong bullish bar was seen breaking out of the handle. Stochastic is showing signs of rebounding, together with the 23-period ROC rising above the zero line. Volume is in a healthy expansion and we should see prices targeting 90.00 in the mid-term. 53.25 support is worth accumulating if there's a correction.
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.
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.