Looking at the stock price data from 2019 to 2021 for Bell Canada.
We are see a Wyckoff Accumulation unfolding in the BCE. We think a big swing up is coming as Phase E takes shape. RSI is in an upward trend and sitting at a 65. We are watching RSI closely as it comes to a peak. Price target near the resistance level of $65.00, we will look to close out the position at that price.
BCE seems to be forming an ascending triangle. Also has tested resistance levels recently. Any ideas on where this is going?
Hi friends the daily analysis of this market shows that we must wait for the breakout of resistance at the level 54.04 after positioning ourselves as much as the buyer the next objective is 51.99
Nice tops here at the ATH. Definitely a great stock to be in when market is in loony mode. Up here it's a short, especially since they always prop it up going into dividends. Nice MFI divergence too.
BCE has fallen down to 53.00 before, looks like a buying opportunity. Ride this back to 55.00.
BCE will mostly likely weaken until earnings, heading to 53.00, then investors buy it for the juicy dividends (5.5%) over the summer before heading higher.