BFYT Technical Analysis.
Updated
1. From the chart, I can see a very nice price range where the price is going up and down.
2. I see that on the particular stock horizontal price levels are working nicely.
3. The stock is weaker than the market overall.
4. Globally uptrend, locally downtrend
5. The price level confirmed by a false breakout.
6. Approached the price level with big bars.
7. The instrument has accumulated energy.
8. Point of the trend reversal. There was stopped a very strong move down.
9. Descending lows were broke.
10. Potential more than 10 to 1.
11. Buy limit at 19.58
2. I see that on the particular stock horizontal price levels are working nicely.
3. The stock is weaker than the market overall.
4. Globally uptrend, locally downtrend
5. The price level confirmed by a false breakout.
6. Approached the price level with big bars.
7. The instrument has accumulated energy.
8. Point of the trend reversal. There was stopped a very strong move down.
9. Descending lows were broke.
10. Potential more than 10 to 1.
11. Buy limit at 19.58
Trade closed: stop reached
Trade closed: target reached
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