Hello Community!
Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more!
BB has been one of those stocks everyone has had their eyes one the past few weeks. We can take a look at BB on the daily chart which is currently sitting on a few supports which I've drawn out for you. We can see it inside the golden zone which is indicated by the blue zone on the fib retracement. There's also a massive S/R line shown in white. The stock is currently trading right above the white line, with the MACD and RSI looking bullish, indicating a possible move up. It does appear that the bears have run out of steam.
This is not Financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Wins
Before we begin please support my idea with a thumbs up and a comment. It'll be greatly appreciated and will motivate me to post a little more!
BB has been one of those stocks everyone has had their eyes one the past few weeks. We can take a look at BB on the daily chart which is currently sitting on a few supports which I've drawn out for you. We can see it inside the golden zone which is indicated by the blue zone on the fib retracement. There's also a massive S/R line shown in white. The stock is currently trading right above the white line, with the MACD and RSI looking bullish, indicating a possible move up. It does appear that the bears have run out of steam.
This is not Financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Wins