#BERGERPAINT -
Entry on Retest of 800
Target 860
Stoploss 775 ( weekly close)
Risk / Reward - 1 : 2.2
Retest highly likely considering Daily RSI at 45 and generally bottoms out at 30.
Since mid-May 2021, stock has not had a daily close below 785 with buying emerging at those levels, and expect the same to continue
Entry on Retest of 800
Target 860
Stoploss 775 ( weekly close)
Risk / Reward - 1 : 2.2
Retest highly likely considering Daily RSI at 45 and generally bottoms out at 30.
Since mid-May 2021, stock has not had a daily close below 785 with buying emerging at those levels, and expect the same to continue
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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.