BPT trade ideas

zAngus

Beach energy has had a very strong run over the last week up around 20% over the last 5 days - possibly too strong and may be over extended - but it is at a good breakout area. If it had been more gradual I would probably jump in, but with the rapid upswing over the last couple of days I'd be feeling a bit more cautious. This is a billion dollar company with...

Rotuma

BPT - Beach Energy Ltd up 10.80% in today's session. A strong uptrend with the potential to continue to its next target at 2.065 and 2.130

RogueCleaner

asymmetical triangle breakout on the daily chart. short term b ullish.. I think it will retest. $2.25

MustafaOzak23

The ASX could see higher this morning due to its risk on world view but I think it might pull back today. Oil dip lower on Friday, showing bearish engulfing on the daily and on the weekly it looks like a bear rally as well. Next, we have energy sector on the ASX and that is showing a shooting start follow by a bearish candle coving the past two candles on the...

Bipolar_trader Updated 

RSI has popped out of channel. Five days of gains for Beach Energy and improving USOIL. Could we see Beach Energy have a little rest, before marching on to $1.90? Key risks are movement on USOIL, China Growth, Trade Tensions and Brexit.

Rotuma

An opportunity to long at 1.535, stop loss at 1.505 and target at 1.610

RogueCleaner

buy this breakout if week closes off strongly.

BTB_Aus

Energy sector showing Strength. BPT is one of the leading names in the sector

RogueCleaner

symmetrical triangle breakout ? including an inverse head and shoulders pattern.

Hodgo

Handled the recent acquisition/cash raising like a boss. My guess is one more pull back/grind under 90c and looking to add on the break...