Reversal Idea - Barbeque Nation
Updated
Have been analysing this stock for a while and found it breaking out of shorter EMA and showing signals of reversal. I am taking a long position for testing my hypothesis @ 743 with minimum capital as it is just testing. I would like to hold my position until a strong breakdown if market crash happens. My Idea is not a financial advise but just a simple analysis of price action to understand the behaviour of stocks at tike of reversal and correction.
Trade active
LONG @ 743Trade closed: stop reached
715
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.