Short
BITA - Bearish opportunity - Retest Old Support new Resistance
Stock broke bearish after being in a channel.
Looks like retesting old support new resistance and closing below the 200 SMA
Look on Tuesday if the stock continues bearish and enter:
Stop at 66.85
Target 46.43
Entry 61.26 or higher based on intraday action on Tuesday
Looks like retesting old support new resistance and closing below the 200 SMA
Look on Tuesday if the stock continues bearish and enter:
Stop at 66.85
Target 46.43
Entry 61.26 or higher based on intraday action on Tuesday
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.