BAM, Short, 2h✅ BAM is overbought and showing signs of retracement. The price is expected to move lower, targeting the key support level at 83.80.
SHORT 🔥
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BAM trade ideas
BAM | Brookfield Asset Management Brookfield Asset Management Ltd. provides alternative asset management services across renewable power and transition, infrastructure, private equity, real estate, and credit industry. It invests client capital for the long term with a focus on real assets and essential service businesses. The company was founded on July 4, 2022, and is headquartered in Vancouver, Canada.
Scanner Idea. Buy/Long Bias
Buy the Dip on this H&S!One of the best alternative investment funds in the world, arguably the best with a 4% divi while delivering 20% returns for the last 40 years and similar guidance for next 20. Current valuation seems a tad high given MRQ/Q growth so this pullback can be justified however the history of this company's returns warrant closer inspection.
Currently unconfirmed H&S pattern w/ a potential target from 34-36.
$BAM with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $BAM after a Positive Under reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.
Brookfield must have run out of assets. BAMGoals 200, 179. Invalidation at 262 .
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
$BAM with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $BAM after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 66.67%.
BAM - GIANT Rising WedgeA giant rising wedge can be observed on BAM
This is the weekly timeframe and completion of the wedge is evident
Normally Rising Wedges act bearishly but one of this magnitude hodls bullish potential, which is also evident with the breakout
A support retest of the upper trend line and then further upward movement is likely
$BAM with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $BAM after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 75%.
$BAM with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $BAM after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 66.67%.
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BAM Breaking out againBAM made another breakout
Price is in solid uptrend
Nothing much to do other than riding the wave
Pays out dividends
BAM; a solid asset management company! (Request by Ralph_Prime) 1st off, this is an asset management company. I think it calls for more fundamental analysis than technical analysis when it comes to such companies.
Nonetheless, the consistent uptrend since inception is phenomenal! I will never short this company.
From technical analysis point of view, look at how well price respects the 50MA from week to week. And whenever price drops to 200MA, it bounced up like clock work since 2011!
Since right now price is at previous high back in Feb'20, I'll definitely wait for it to drop back to the 50MA before accumulating. If it drops further to 200MA, i'll load the boat!
This is definitely 1 for your retirement portfolio.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
Thanks!
Brookfield Asset Management Put?Financials haven't been so great. Some consolidation going on. Price is currently at a resistance zone. Looking for a retracement of the previous low before it may continue up....IF IT DOES. Used pivot points (orange triangles) to show pattern and relationship from resistance to support.
Let me know what you think
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Strike Price: $39.27
BAM vs SPX 5 yearsThis compares BAM's performance with SPX.
At its peak, you see BAM was up about 160% vs SPX at 79%
Also there are signs of BAM moving independently of SPX. Lacks correlation. We need to find what is the correlation between the two.
$BAM with a slight bullish outlook projectedWith a positive over reaction following $BAM earnings The PEAD projected a slight bullish outlook with the PEAD placing the stock in Drift B
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BAM Uptrend RetracementWe see the stock fell in the period of February and March and now it is transiting in to an uptrend pattern. The chart has broken the downtrend line and failed to form a lower low. There was a retest and failure at the price of $35.25 in April and that resistance has been broken in June. We are now seeing a retracement on the chart, with the uptrend line supporting the current price forming a higher low. This could be a buy set up to ride the uptrend.
Ticker Symbol: BAMTicker Symbol: BAM
Pre-CoVid-19 High: $45.45
Support: $29.81
Potential Profit: ~25%
MACD: Going down in the 1 month, 30 min time frame.
RSI: At the time of writing is 55.
Entry point: RSI at the 1 month time frame around 30.
MACD: Going up.
BROOKFIELD ASSET MANAGEMENT PLAN Hey people, BROOKFIELD ASSET MANAGEMENT is in a configuration of an upward movement, probability of breakout if one passes above half of the stabilization zone.
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head and shoulders?On the daily and four hour time frame MACD crossed over and it seems to be forming a head and shoulders. thoughts? Breaking below 46 may start it?
BAM - Weekly Momentum Model Suggest BAM CollapsesI expect BAM to collapse in price into YE 2019
brschultz / markettimer777
BAM... Hitting Wall @ 500 Weekly Double Hull - 34, 340, 500 DH34 SMA, 340 SMA, & 500 Double Hull my 3 weapons of choice
Shorting BAM at $42.96 with puts - they own energy companies...Daily model says we are near a long term peak on BAM - so i'm going to see if BAM gets SLAMMED.
BROOKFIELD ASSET MGMT : The Big Short on BAMMonthly model (eue.tu.ub) show optimal buy point is Q2 2020 & therefore i believe BAM is at a optimal sell point here in the last days of January 2019.
brschultz
