Study...based upon Volume Price Spread Analysis and Momentum
BAT has shown Breakout.
Close: 14.40
EP: 14.68 and Below
SL: 12.67
TP: 15.30 and Open
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision
On the big picture we can see we have broke an important trendline .
On the daily we can see we are consolidating in a triangle above the 200 day EMA with 13.7 being a key area for a breakout. We have the RSI in the bullish zone as well.
Company has good things going for it such as increasing free cash flow and legalization of weed as they have a big stake on...
2021 STOCK PICK FROM EXPERTS
PURPLE LINE = STRONGER SUPPORT
RED LINE = MINOR SUPPORT
Disclaimer:
Please be informed that above analysis are solely for education purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
You are responsible for your own risk management Do Your...
Bollinger Squeeze
* Bollinger Squeeze can go both ways either up or down
* No confirm time frame for how long this Bollinger Squeeze will will take place
* If break upwards, potential TP approximately MYR18 range
BAT
Trend: Tech rebound
Rst: 14.86/ 16.96
Spp: 13.70
Friday closing yields confirmation the stock may stage for further technical rebound as new candle pierce through MA50 and closed above upper BB.
Strength in the chart:
1. Climatic volume after downtrend
2. Confirmation on reversal
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
