BROOKFIELD ASSET MANAGEMENT INC

NYSE

BAM

I expect BAM to collapse in price into YE 2019 brschultz / markettimer777

34 SMA, 340 SMA, & 500 Double Hull my 3 weapons of choice

Daily model says we are near a long term peak on BAM - so i'm going to see if BAM gets SLAMMED.

Monthly model (eue.tu.ub) show optimal buy point is Q2 2020 & therefore i believe BAM is at a optimal sell point here in the last days of January 2019. brschultz

Write sometning about your psyhology thinking before trade? Today I am better and can trade with optimism I use to have Describe the trade. What you see? from the support at 40,5 price will advance to the at least 44 or even more What have I done well for this trade? regcognize the support level What can I take away to help with later trades? this was a...

Shorting Bam, broke down through channel, lower high and lower low, double bottom break. it is trending with the spy but its more bearish. Put at $40 strike, $2.4 stop at $1.2, Delta - 0.76. EXP Jan 18. Break even is $37.60 Target is $3.6 to profit $120. New strategy to take profit early instead of trend follow. High probability trade. Low Risk. Downsides...

Explanation on my graph ! Good trades to all Olive_bc

BAM

BAM closed today with a bullish engulfing in the support of a channel with a huge volume. I would expect to see it in new highs in the next weeks. KL: 39.05 SL: 37.90 TP1: 41.35 TP2: 42.5

Anticipating this to continue down towards 32 and maybe further.