BROOKFIELD ASSET MGMT : The Big Short on BAMMonthly model (eue.tu.ub) show optimal buy point is Q2 2020 & therefore i believe BAM is at a optimal sell point here in the last days of January 2019.
brschultz
BAM trade ideas
BAM, long but market goes into "wrong" dirrectionWrite sometning about your psyhology thinking before trade? Today I am better and can trade with optimism I use to have
Describe the trade. What you see? from the support at 40,5 price will advance to the at least 44 or even more
What have I done well for this trade? regcognize the support level
What can I take away to help with later trades? this was a coutertrend trade agains the overall momentum and is faild
BAM ShortShorting Bam, broke down through channel, lower high and lower low, double bottom break.
it is trending with the spy but its more bearish. Put at $40 strike, $2.4 stop at $1.2, Delta - 0.76. EXP Jan 18.
Break even is $37.60
Target is $3.6 to profit $120. New strategy to take profit early instead of trend follow. High probability trade. Low Risk.
Downsides of trade. SPY could be oversold. It may rebound sharply into new year printing one more rally until FED Rate increase while sinking under tariff pressure.
Brookfield Asset Management (BAM) Could See Bull Run..Over the next few months the price of BAM could rally following the confirmation of a pipe bottom pattern. I'm watching for a breakout above about 42 (top of the red candle wick).
Target: 44.4
Stop: 36.6
Best of luck with your trading. Like the idea if you agree, and let me know what you think in the comments.
BAM ! A Bullish EngulfingBAM closed today with a bullish engulfing in the support of a channel with a huge volume. I would expect to see it in new highs in the next weeks.
KL: 39.05
SL: 37.90
TP1: 41.35
TP2: 42.5
