Still experimenting with Online Trading Academy's Supply and Demand strategy. I realize this doesn't exactly qualify as a fresh level but there were undoubtedly a HUGE amount of institutional buy orders placed around $45.10. Let's see if there are still some waiting to be filled down there as BPL approaches the level over the next few days.
My favorite CHANNEL - downtrend
After the Class A bearish divergence in late July, this Oil Pipeline stock was in a bear mood.
The price broke out of the downtrend channel on intraday.
Why i am abit bullish:
1. Price fall too fast and far away from 8ema (bears are absolutely despair)
2. The downtrend channel looks respectably valid.
3. Though MACD line are...