BZH price action is hovering below the 200sma as we enter 2017. Prices have already completed a 2 leg measured move to $15 and retraced to the 34EMA. A 3rd leg has formed and offers a possible RSI divergence trade near the 200sma level. The confluence of 2 levels, along with the 3 push wedge pattern is strong. Set an alert @ $15.50 and watch.
Order cancelled
Prices never made it up to our sell level. I will continue to monitor and watch for contact with the $15.50 level.
Substack - The Bandito Review
@egrajek
@egrajek
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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.
Substack - The Bandito Review
@egrajek
@egrajek
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.