BAM trade ideas
Analysis on BAM: many are at the top. What now?Hi all
As i heard from many investors, they got stuck in this stock for quite sometime
Looking at VA, their cost should be around 20 sth.
What is getting interesting is the fact that it just broke the big down trend line!!!
I just wanna inform you that but what you make of it is up to you
Make your own decision.
TraderApprenticePP
BAM | CUP & HANDLE | Estimated TARGET | ENTRY PositionBAM | Thailand SET Index | Financial Sector | Chart Pattern Trading
Chart Pattern: Cup & Handle Target Estimated on weekly timeframe
Price Action: Entry position - Buy on breakout
Indicator: RSI and MACD Bullish signal support with large gap above RSI MA and MACD signal line above 0
This is a medium to long term buy, Stop-loss possibly a bit more 5-10% below entry point
Trade with AFFORDABLE risk
Trust in your SYSTEM INDICATOR
Always respect STOP-LOSS
Good Luck
HNY 2022