This is for education purposes and learning.
It seems the BAT is attempting to break through the major resistance trendline in the midst of a rising wedge. If BAT can't make it back over the major resistance I see more downside, possibly drifting back down to bounce off the support line from December.
I trade BAT for fun. This is not financial advice.
It seems the BAT is attempting to break through the major resistance trendline in the midst of a rising wedge. If BAT can't make it back over the major resistance I see more downside, possibly drifting back down to bounce off the support line from December.
I trade BAT for fun. This is not financial advice.
Commentaire:
BAT broke out of the rising wedge and did a weakish bounce off the trendline.
Commentaire:
We broke the trendline. Targets from .20 to .185 open
Commentaire:
We bounced back up and hit the trendline and it was immediately rejected.