BBTC is sitting at 50% Fibo on daily chart. There is long term breakout in monthly chart and is holding at previous support.
Has also created angle that supports long side. Technically it is good, even though fundamentally a poor company, my focus is only Technicals. Buy at 998, Target 1140, SL below nearest low.
Note - This post is intended only to provide general and preliminary information to investors/traders and should not be considered as the basis for any investment decision or strategy. The content is intended to be used for information and education purposes only. It is important to do your own analysis before making any investment based on your own personal circumstances.
Has also created angle that supports long side. Technically it is good, even though fundamentally a poor company, my focus is only Technicals. Buy at 998, Target 1140, SL below nearest low.
Note - This post is intended only to provide general and preliminary information to investors/traders and should not be considered as the basis for any investment decision or strategy. The content is intended to be used for information and education purposes only. It is important to do your own analysis before making any investment based on your own personal circumstances.
Trade closed: target reached:
Target reached. Target achieved at 1140. Return = 13.77%