Some renewed interest in BCY could help it get over the threshold up to the next resistance point. After that I think momentum will eventually help it get over that. Add to that the fact that the game itself will launch fully in March, apparently, and assuming all goes well with that then transactional value should help it up.
I'm looking to get in on that next retrace (A) if it looks good at the time.
Alternatively, it goes down before all of that and maybe we'll just have to look again in a few weeks.
I'm looking to get in on that next retrace (A) if it looks good at the time.
Alternatively, it goes down before all of that and maybe we'll just have to look again in a few weeks.
I'm going to wait a bit longer. I'm using an ALMA (thick red line). I'm waiting for it to turn green, which is more confirmation of a sustained uptrend. Also, if it stays in the channel then I can get a tighter stop-loss.