BLACK ROCK MINING LIMITED
Panjang
Telah dikemas kini

ASX:BKT - Potential 70% play

176
I like the look of BKT here, my trading plan is as follows.

My reasoning:

  • Location: Reload zone
  • Structure: Double bottom off the 786
  • Divergence: Confirmed div in histogram and willy (coming out of stupid). RSI is bullish, looking to cross 50. "W" in OBV about to cross 13EMA.
  • Trend: Break of bearish trend commencing June '19
  • VPVR: Retracement lining up with the POC
  • Gap below: Nice entry location


Looking to buy in the green box as an optimal trade entry - "reload zone within a reload zone". Red box will be the target, lining up with the top of VPVR value.

Side note: Similar play and setup to the ASX:PLS analysis posted below.

Hit the LIKE button if you find my analysis valuable and want to support me. Follow to make sure you don't miss any future trade ideas.
Nota
syot kilat
Dagangan aktif
Slowly, slowly... gap filled in

syot kilat
Nota
Nice close out to the week, expecting some nice movement in the coming 1-2 weeks.
Nota
syot kilat
Nota
Another week of sideways, nothing to see here.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.