BAX - Long

Updated
Purchase of shares after the rebound from the support level and 200MA, which tells us about the upward trend. At the moment, almost the whole market draws the same picture, it's a pennant. It can be assumed that the market will continue to grow, based on data on the growth of long-term investments in the market and the reduction of short positions.

Open 68.76
SL 67.81
TP 72.56

A short stop allows to maintain an acceptable risk-to-profit ratio - 1: 4.

P/E 36.32
Forward P/E 21.90

Good luck!
Trade closed: stop reached
BAXLONGStocksTrend Analysis

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