mrmaximo74
Long

BDR A chance for profits

AMEX:BDR   BLONDER TONGUE LABORATORIES INC
*TIMEFRAME FOR PLAN EXECUTION - Dec 3 2018 - Jan 11 2018*

BDR - PLAN A - I expect to see a move south back to $1.10 with consolidation and diminishing volume .
If indicators are suggesting so, a purchase here $1.10 would be great for a subsequent move north
to $1.30 for an 18.01% win.

PLAN B - Should the $1.10 support not hold up, my opinion is a move south further to $0.97 and a
hopeful buying signal here, followed by a hold to $1.30 by Jan 11, 2019 or longer should the trend
continue, with $1.30 be my target exit price point for a 34.02% win.

WHY? MACD - Is just curling south, suggesting the ceiling has hit/near-hit at this point
EFI - Suggesting a holding pattern here, no real movement north and holding patterns
are not good for this Force Index
RSI - Currently indicates at the least, in my opinion, that the current price may be pushing
overbought territory, meaning patience for a better deal in the price

- PAYtience is the key here! Looking for indicators to get in requires paytience and tenacity. -

*DISCLAIMER - I am not a professional trader. These are merely my thoughts. If you need professional help with your trades,
look for a professional who know all about stocks.*
Trade active: Notice this stock dipped to $1.08 Dec 4th, and today rose to a high of $1.24. This stock runs and has nearly already proven my play, as limit sells are placed.
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