Monthly chart of BPL LONG TERM VIEW BPL BUY BPL 35 ADD MORE 20 TGT 70 100 121
Description of Chart : So we opened a short trade at 72.95 and it is now trading at 70.00 on the nose. It has taken around three weeks to get where we are and now I feel that it is poised to take a leg down to the 200MA which is lining up perfectly with previous supports at the 65.77 level. This could be a large play over the next two weeks. If you also look at...
Description of Chart : After breaking through the narrowing range and spending some time above it I now feel it is a good opportunity to get short in anticipation for a re-test of that blue trendline. BB are also indicating a lack of conviction to the upside. You can check out my site below! Website : www.lukelehepuu.com