BCPC price moved above its 50-day MA on July 02, 2020This price move could indicate a change in the trend, and may be a buy signal for investors. I found 48 similar cases, and 38 were successful. Based on this data, the odds of success are 79%.
BL9B trade ideas
#BCPC #stock #shortBCPC has formed a H&S on the daily charts, with a double top on the weekly and monthly charts. Indicators are pointing down and trend is down on the daily chart. Looking at over a 3 RRR.
Weekly
indicators pointing down. trend neutral. double top visible
Monthly
Double top and indicators pointing down. trend is up, however,
BCPC Triangle AscendingWe can see a pull back in this triangle ascending. The prices reached the ascending moving average in this pull back movement. An agressive buy would be called at hte moving average price, with the stop being beneath the last dip and the target measured as the base of the triangle ascending projected.
