Pick up the BallReward/Risk: 5/1
Entry: 88.50 or at a lower price
Stop: 84.00
Target: 105
After 2 months down and rate of changing picking up it looks like a decent setup to the upside
BLL
BLL Breakout, Continues Strong Upward TrendBLL has been trending up steadily for literally decades, breaking new all-time highs on a regular basis. Currently it just went through a period of consolidation, then broke out above & made it's latest all-time high. Helped by this is the news that Karina Funk of the $1.1 billion Brown Growth Fund is behind it.
Ball Corporation (BLL) - Cypher PatternThe price went upwards last few days and reached the cypher pattern 78.6 entry point. There is a structure level at 43.07 that acts as a major resistance level. Most of the selling orders will be placed closed to that area. If the price starts falling, then most trades follow the momentum and sell. I will wait some time more to see how the market develops and then sell.