BMI bullish retestBMI in bull trend and currently might retest the recent last resistance
Entries should be made once the retest is complete and it moves above 218
Stop loss is 186 for this trend
BMI trade ideas
BMI: Cup-with-Handle BreakoutFundamentals:
Badger Meter specialized in water and fluid meters. Solid growth and sales. Good earnings stability.
Technicals:
cup-with-handle breakout with volume
5EMAs pb strategy
shallow pb breakout
BMI - Horizontal Resistance Turned SupportTitle says it all for this chart on the daily timeframe for BMI
Previously a resistance point, currently a support
Price at the prior resistance hit the upper band of a channel in grey
A smaller channel can be drawn supporting possible bullish movement (in green) at the current support area.
Ichimoku entry LONG BMIOnly thing keeping this from being a perfect entry is the Span A is still just a hair under Span B. Based on the rest of the chart I am willing to let that skate as this is another ticker that looks primed to get back to ATH soon and we don't want to be late getting in
