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londontradingcommunity londontradingcommunity BMW, W, Long , 5 months ago
BMW: BMW Double Bottom - Buy Signal
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BMW, W Long
BMW Double Bottom - Buy Signal
BMW has formed a double bottom as shown on the weekly chart along with a decreasing volume which suggests a lack of selling pressure. We are now waiting for a confirmation signal from the RSI to break through its trendline before opening a position on this stock. We expect price to test the upper trendline of the ...
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