BABP Scalping trendBABP Scalping
Buy Area : 123 - 124
Target : 127
Target 2 : 129 - 133
Stop loss : 121
Exp Chart 18 nov 2022
AMS MPP
HATM - CUP COMPLETION CHEATI have position today
The reason I buy:
1. Low-risk entry
2. Very tight pivot area
3. Low cheat tight level
4. VCP characteristics
5. High relative strength.
Flaw:
1. A lot of trapped buyers on the left side (40% decline)
I will play this moves for a quick trade.
GOTO, ATH planmay hit ATH if break 220 before new year,
Take 188-202
Tp on the moon
My avg 202 (all in)
RISE - CUP WITH HANDLEThis is a classic cup and handle with VCP characteristics.
The stock has developed a very tight price action on the right side. It also has a strong fundamental basis.
