BRX uptrend continues
With the US indices in a mini-range right now there aren't many breakout opportunities.
BRX is a good trending stock but has only been trading for just over a year - so not one I would look to trade at the moment. However, despite some erratic volume (on relatively small bars), it continues to push up in a fairly uniform fashion. The pullbacks are generally not too deep or too long in duration.
I like to take a longer-term view on trading so I will wait for volume to pick up and become more consistent. I don't think I'll be looking to trade BRX anytime soon. But for a new stock it is behaving very well, so if you are happy to technically trade with limited data this is a buy opportunity.
BRX is a good trending stock but has only been trading for just over a year - so not one I would look to trade at the moment. However, despite some erratic volume (on relatively small bars), it continues to push up in a fairly uniform fashion. The pullbacks are generally not too deep or too long in duration.
I like to take a longer-term view on trading so I will wait for volume to pick up and become more consistent. I don't think I'll be looking to trade BRX anytime soon. But for a new stock it is behaving very well, so if you are happy to technically trade with limited data this is a buy opportunity.
Web: dt.live
Instagram: instagram.com/dynamictrader
Twitter: twitter.com/dynamictrader
Instagram: instagram.com/dynamictrader
Twitter: twitter.com/dynamictrader
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.