Ballard Power Systems
Potential Profit: ~27%(Previous high before CoVid-19)
Resistance: $14.72
Support at $9.40
It is currently trading above the 180 day SMA line which indicates an uptrend movement.
It has been on an uptrend but the last few weeks has been consolidating.
Potential Entry Point would be: closer to the SMA line
RSI:~32
MACD: Going DOWN in the 1 month time frame.
VWAP Action: It tends to go down to the lower vwap to bounce off of it.
*To be safe enter closer to the SMA line.
Resistance: $14.72
Support at $9.40
It is currently trading above the 180 day SMA line which indicates an uptrend movement.
It has been on an uptrend but the last few weeks has been consolidating.
Potential Entry Point would be: closer to the SMA line
RSI:~32
MACD: Going DOWN in the 1 month time frame.
VWAP Action: It tends to go down to the lower vwap to bounce off of it.
*To be safe enter closer to the SMA line.
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