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BXB

BXB - Another Buying OpportunityBXB has clearly broken its downtrend and has made a swing high. Price is expected to pull back and I am expecting it to reach towards my Buy Zone between $10.70 - $10.80, which is also trendline support. I will be looking at price action in that zone for a long opportunity and my targets will be the previous highs and above with a stoploss below the new swing low. Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
ASX:BXBLong
by AsimMirzaTrader
head & shoulders + ascen tri + downtrend resistance now support1) head and shoulders in blue at cusp of breakout area - wait for breakout confirmation before going long. Target is solid blue star 2) pink line downtrend resistance now acting as support since breakout in mid-november also a descending wedge which has broken out to the top. pink arrow cloned for this secondary target (solid pink star) 3) red lines are an ascending triangle of which has the same confirmation level for the head and shoulders. red arrow cloned to estimate target. Summary - enter $12.22/5, exit $14'ish for a 12% return by May 2017
ASX:BXBLong
by crashman111