Peet_Serfontein

BKR: testing its 200-day simple moving average

Long
BATS:BKR   Baker Hughes Company
A price action above 33.00 supports a bullish trend direction.
Further bullish confirmation for a break above 34.00.
The target price is set at 35.00 (ts full retracement level).
The stop-loss price is set at 32.00.
Testing its 200-day simple moving average and crossing above and remaining above it, will support a bullish trend direction.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.