BLDP is forming a nice flag formation with huge volume, rally was backed by a recent contract. However, in the weekly frame it is forming nice upward momentum. We think it has very good upside potential in long term. * Trade Criteria * Date first found- April 10, 2017 Pattern/Why- Flag formation Entry Target Criteria- Break of $2.83 or pull back to ...
Looking at price harmonics I am buyer at 1.45euro with a few puts at 1euro to protect my overall long position. Investment for months or years......if they find the right technology this stock will skyrocket! So I place this stock on my attention list and screener list for 2017 Best to your trading!
BLDP is currently ramping up production for buses/trams in china and is seeing a decent ramp-up in production for these orders. They also recently signed a deal with a Toyota subsidiary in japan for distribution and is expecting news soon. Chart wise--- If a new low establishes itself above 1.92 we could remain in this bullish uptrend
Technic : Ema and MA squeeze , TRIX and ATR UP , Fibo 2.618 Touch and up First Target 4 Fundamental : Ballard made a “substantial improvement” during the past few years, having turned its focus to “commercial markets, cost-effectively positioning for long-term development markets, and deriving value from its broad IP through licensing and services contracts.