BWXT shows a strong pattern of higher highs and higher lows. EMA cross is up and and MACD and ADX & DI confirm further upward movement. Thus we can participate in this swing
Upside targets are
T1 67.66
T2 70
T3 72.93
SL 61.45 (below previous low
Risk to reward ratio is 1.93
Upside targets are
T1 67.66
T2 70
T3 72.93
SL 61.45 (below previous low
Risk to reward ratio is 1.93
Note
Target 2 reachedNote
Stop loss moved to 68.29
Trade closed manually
@70Note
Be ready for long #2 if earnings are good. Call just startedTrade active
@66.70Note
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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.