TAjames

Bet to follow channel path.

ASX:BET   BETMAKERS TECHNOLOGY GROUP LTD
Bullish on bet to get to $1.50 by end of May, will possibly play out according to the channel. A break above channel will see it move quite quickly to $1. 40 i feel before pulling back to $1.20 and consolidating slowly moving up again. Personally, price action is feeling a little weak, so a pullback now to the $1.08 mark or consolidation here for a week will be ideal. Wouldnt recommend an entry here, wait for a better entry based off channel.