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warhog
Feb 13, 2023 12:20 AM

Support Area at $1.5 Long

BEACH ENERGY LIMITEDASX

Description

This stock has been lagging it's peers due to weaker fundamentals. The energy sector is still strong, with no sympathy for BPT as of yet.

BPT currently at a key support level showing strength and forming higher lows, entry for low risk high RR.

Trade Open: 1.48
Risk: 1.45
Target: 1.7, will follow with stop beyond this level

Trade Active

Trade closed: stop reached

Comments
warhog
The stop risk is high due to market downward trend
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