Bega Cheese Ltd Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Bega Cheese Ltd Stock Quote
- Double Formation
* (EMA Settings)) | Completed Survey
* 012345 Wave Feature | Subdivision 1
- Triple Formation
* (Consolidation Argument)) & 0.786 Area
Bega - a long cup & handle formation 2 1/2 years to have formed this pattern. looking to breakout to the upside, after a minor pull back to trend support.
Easy move here with 5-6% risk.
Entry if you've already missed it will be somewhat difficult, either wait for pull back or slowly sizing in or either take the confrimation of handle
BGA - Attractive Long Trade SetupThis is a weekly timeframe trade setup - Looking for an entry signal at around 5.50 (in the form of a bullish candlestick pattern) as this is likely to be a strong support level, I will look to take profit on half my position at around 6.50 and then hold the rest of my position to see if it breaks e
BGA - potential long term breakLets see if Bega can breakout and successfully retest the crucial 5.50 resistance level and establish a long term uptrend to retest the all time high's, would be a nice ride to take.
It has been outperforming the market this week in particular which suggests that their might be strength to this move
Can BGA keep this momentum? #LongRecently broke through resistance, if it can break through this second short term resistance than it looks like it may gap up.
There is also a hammer candle on support on the weekly and monthly which indicates seller exhaustion.
Buy Price: $4.15 - Enough above the resistance to ensure that you are
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Displays a symbol's price movements over previous years to identify recurring trends.