Norwegiantrading

BERGENBIO soon to break out?

Long
OSL:BGBIO   BERGENBIO ASA
Price currently in a symmetrical triangle, making lower highs and higher lows. Expecting a breakout to the upside, if the price breaks out of the triangle.

Take profit 1: 45.90

Take profit 2: 51.85

Careful! if price breaks below the triangle, do not enter a trade. This stock is in an uptrend, and that's why we are only looking to buy.

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