beml was forming a lower low pattern but the difference between each lower low is decreasing by each swing which represents that bear strength is reducing and the stock is ready for some upmove.
Commento:
it gave a breakout of the trendline so good to go long
Commento:
first target is 855
Commento:
first target done trail stoploss to cost
Commento:
second target 885
Commento:
second target done
Commento:
third target 900
Commento:
fourth and final target is 920
Commento:
third target also done in a day
Commento:
positional players can look for targets of 960/1000
Trade chiuso: obiettivo raggiunto:
positional players keep trailing stoploss