vf_investment
Short

BCE bounce off of 200 SMA after 2x jump up and corridor down

NYSE:BCE   BCE INC
Hello Traders!
The price of BCE Inc has moved in fast bullish jumps and slow bearish corridors for two times in a row now. The 200 SMA has already acted as a resistance in June and it is reasonable to believe it will act this way for the next jump as well, which is just about to happen. The first goal for a short position is the 41.83 support/resistance and the second one is 40 .29. The RSI 14 is dead-centered but the MACD looks like it is about to cross under the 9 EMA , but at some point in the very near future, the price will definitely bounce off of the 200 SMA .

VF Investment cannot be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading ideas.
Please, maintain proper position sizing and risk management!

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