BMM @ 6 Oct 2021Text me if you have any questions/comments for me.
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BMM
- First time doing a written analysis on BMM
- Recently IPO-ed in mid-July – experienced a few weeks uptrend but the uptrend looks to have ended
- A series of LHs and LLs have formed
- Stock is currently testing the mid-term support
- A successful breakout of a counter-trendline (blue dotted line) would make the stock interesting again
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a series of HHs and HLs
