Panjang
BRKS - Cup and Handle. waiting for a regression channel breakout
BBRKS
I would have been more convinced if the Pearsons value in Regression channel was >0.899
Also there is one bar above Regression channel and one bar below regression channel.
47.7 to 47.95 is a resistance area.
Pearsons is not very important so as to not to take the trade as it is near 0.9 levels only.
But still worth a buy as fundamental is strong.
So i will place a buy above 48.2 for a 8 to 10$ move.
But after a buy i will keep 47 as stop loss.
I would have been more convinced if the Pearsons value in Regression channel was >0.899
Also there is one bar above Regression channel and one bar below regression channel.
47.7 to 47.95 is a resistance area.
Pearsons is not very important so as to not to take the trade as it is near 0.9 levels only.
But still worth a buy as fundamental is strong.
So i will place a buy above 48.2 for a 8 to 10$ move.
But after a buy i will keep 47 as stop loss.
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.