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Starfleet59
Apr 16, 2022 4:53 PM

Koninklijke BAM Groep NV. BAMNB. Cup & Handle.  Long

KONINKLIJKE BAM GROEP N.V.Euronext

Description

BAM has been in an uptrend since Feb 2021. However, in mid-February 2022 a nice dip from € 3.45 to € 2.07, but the uptrend has started again reasonably well.
If the price continues to rise in the coming weeks, we will see a cup & handle pattern and a test on the fibonacci golden pocket.
When this fibonacci is broken, the price can return to € 3.50. And that could be another selling point.
16-04-2022. My 2e TA.
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