SWING IDEA - RBA
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Price Action made a retest @ 90 levels and MACD started making a Higher Low Pattern formation, which took the stock up to 50%+ profits.
Another MACD Cross is in play now at a good zone.
Ideally it should take the stock easily to its previous Swing High and possible even higher.
Stock is currently at a good buying zone. Let's see how the Price Action plays out for the new MACD Cross now.
Another MACD Cross is in play now at a good zone.
Ideally it should take the stock easily to its previous Swing High and possible even higher.
Stock is currently at a good buying zone. Let's see how the Price Action plays out for the new MACD Cross now.
Nota
Stock is going as per plan. Keep holding.Nota
Positive News:Restaurant Brands Asia has approved an investment of 40 billion Indonesia Rupiah in its subsidiary Sari Burger Indonesia (‘BK Indonesia’), according to a Wednesday filing to the stock exchanges.
The investment will be made by way of a subscription of redeemable cumulative non-convertible preference shares.
Trade attivo
Nota
Good weekly closing this time. We are up by 7.5% from out Entry levels.Nota
Positive News:Burger King's India operator "RBA" rises after HDFC Mutual Fund buys around 4.6 mln shares (0.92% stake) in a bulk deal on July 4 - exchange data
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