Singkat
BLL continues decline, respecting previous supports
BLL has been good to me the past few weeks -- I think the corrections continues, and that price will continue to respect the previous support points during the climb up as bounce levels, and then resistance. BLL practically became a rolling marble on the previous support until it fell through.
It's currently approaching a price-gap which is acting as a loose support, but will want to get filled. ~$60 is my target short exit, entered at $74.$NYSE:BLL (I'll look to see what kind of bounces happen and re-assess putting a new short on, this thing could, and probably should be back at $45)
It's currently approaching a price-gap which is acting as a loose support, but will want to get filled. ~$60 is my target short exit, entered at $74.$NYSE:BLL (I'll look to see what kind of bounces happen and re-assess putting a new short on, this thing could, and probably should be back at $45)
Nota
With price breaking back up through the ~$64.50 support/resistance mark, I'm accepting of the possibility for a longer consolidation like we had from early/middle September through late October. Any daily close above ~$68 would cause me to exit, and I still target ~$60, but it could be mid/late December before price breaks down. (could still be sooner if this is just a momentum bounce off the price-gap)
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.
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.