nice upward trend, seems like we are in wave 4 for A,B,C pattern, nice entry point at where the green box is.
Bio Rad Laboratories Inc Pending Order Placement Entry Placement 450.88 Take Profit Placement 486.31 Stop Loss Placement 427.26
$BIO just broke the pivot but RSI is still below the trend. It may stall on nextweek.
BIO has formed a bullish pinbar at the 100 EMA which has previously acted as support, so I would expect the price to bounce off this level BIO is also a fundamentaly good company, and the coronavirus hasn't really affected it as much as the overall stock market, so if we should go long in a stock, BIO could be a potentially good trade Because of the high...
ValuEngine Forecast Models 1-Month 346.99 0.51% 3-Month 352.66 2.15% 6-Month 360.17 4.33%
Waiting for a short after the break from the box and/ or the 200 day moving average, bad news expected!
A break of the trendline + the rsi resistance would be a very good opportunity imo
Better than expected earnings and a very positive outlook will push the share higher. 28Feb2013: Buy above yesterdays high with an inital stop @ 120.29 showing support in yesterdays trading. Sell of on the 1st April 2013 hit my stop - afterwards there was a big move back again - but to late