BARCOLong
BARCO (BAR) broke 1-month descending trend
Barco broke it's 1-month descending trend, with a reversal confirmed around the 16€-mark, clearly tapping into a strong liquidity pool where bears lost against the bulls. The reversal got extra confirmation with 2 easy-to-spot flags (on the 1h and 15m timestamps) that broke upwards resulting in a 6% intraday moonshot.
BAR now poised to break into an older downward channel (first two weeks of July '20). Breaching this, in combination with a breach of the 18€-marker, ought to propel BAR into the 22€-24€-zone.
I expect BAR to find a first strong resistance at the 18.04€ marker, with high probability of temporarily trading sideways in the price zone 16.5-18€.
Support to be found around 16.9€ and 16.5€.
Cautiously buying here. Strategic laddering.
BAR now poised to break into an older downward channel (first two weeks of July '20). Breaching this, in combination with a breach of the 18€-marker, ought to propel BAR into the 22€-24€-zone.
I expect BAR to find a first strong resistance at the 18.04€ marker, with high probability of temporarily trading sideways in the price zone 16.5-18€.
Support to be found around 16.9€ and 16.5€.
Cautiously buying here. Strategic laddering.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.