BUY - AG BARR - STOCK TRADEPlease note, STOCK Trades will be exclusive content in the premium channel, we will put out some samples occasionally. Once we build our holdings up, we will run a virtual portfolio for stocks in the Premium Channel Service of 10 – 20 positions.
BUY - AG BARR - BAG:LSE
Buy up to price – 540p, initial Target 620p
AG BARR are a successful soft drinks company. The business is strong and the chart outlook is excellent. We have a cup and handle formation on the daily chart, price is showing a reduction in volatility with an increase in volume indicating supply is decreasing and we are ready to break higher in the near future. Further consolidation below the line of least resistance at 540p could be possible before the breakout.
Please note: Stock trading should be undertaken with a 3-6 month minimum outlook for a holding period.
BAG trade ideas
WHY BITCOIN & CRYPTO BEAT STOCKS!This is why I prefer trading cryptos. Look what just happened to one of the stocks I own! No warning. No chance to get out before the disaster because stock markets don't trade 24/7 like crypto markets do. They close at one price. Then the company announces a surprise fall in profits, and when the market reopens, it's down almost 30%.
At least when BTC falls 30%, it doesn't fall in an instant! I am always able to sell my cryptos in the early stages of a price crash and get out with most of my profits intact. As you can see, I can't always do the same with stocks.
I got out of Bitcoin and other cryptos as the bubble was popping in late 2017 and early 2018. I kept my profits. Meanwhile, old-school finance people have the cheek to complain that crypto is too risky and volatile! SMH.
