All description on the chart. Please, don't forget to like and follow. Thank you.
Did it before, it will do it again. RSI downtrend seems to be broken. We´ve kept above water for a few days now. 1.5 Return over risk. Huge volume came in a few days ago and we´re above that closing level.
BW seems forming a potential downward channel formation. It also got a skewed fallen angel setup forming. Money flow is very strong and fresh insider buying. Overall looks very interesting long setup.
RSI forming Higher Low while price went down. Lot of buy volume in this range the stock is trading at.
Write sometning about your psyhology thinking before trade? It is look resonable to go into this trade its fun. Describe the trade. What you see? After that rally stock will fall. It is also bad Income Write why you want to enter the trade in this point? It is a upper point of the pullback after price violate support line. What have I done well for this trade?...
As long as key support not broken BW should continue upward trend. Watch for break above $7
Be careful...Rising Wedge intersecting with Primary downtrend
BW float is ~20% short. This paired with recent earnings momentum and a multi-month breakout setup could drive this stock through $5 and beyond.
Great trend forming since last wednesday. Rips followed by steady consolidations.
NYSE:BW Possible V bottom reversal if volume comes in monday. WATCH FOR : 1) BREAK OF $2.26-->$2.50 PT, $2.75 2) BOUNCE on support RSI still oversold
BUY: $2.78 PT1: $2.95(+6%) PT2: $3.08 (+10%) SL: $2.68 Bounce on 200EMA(5min) Big gap to fill Big volume Trending up On 5min chart: Low RSI, Low Stoch, Low Stoch RSI
Higher highs and higher lows. possible Head and shoulder pattern so tight stops under $2.70 support to start next week. Cautiously optimistic that we will see a nice bounce and make new highs. If $2.70 breaks we are headed down to $2.50 and if $2.50 doesn't hold next support is $2.20.... Unlikely as volume does not confirm the recent dip last Thursday and Friday.
BW forming a nice fallen angel type momentum Long setup. Made a nice rounded bottom, and crossed above sharp reversal area today. We think it has good upside potential if it can break above $9.56 * Trade Criteria * Date first found- April 10, 2017 Pattern/Why- Fallen angel type Momentum Long Entry Target Criteria- Break of $9.56 Exit Target Criteria-...
BW going up forming a fallen-angel patter. We think it has some momentum left to go little further. Moneyflow is accumulating & showing positive divergence. We like a long from current position & our target is just below 61.8% fib level. You can check our detailed analysis on BW in the trading room/ Executive summery link here- www.youtube.com Time Span:...