Wanted: bounce play on beacon! (2)
after 3 years of gains BECN had a massive drop of almost 42%. The stock has spent the recent weeks on a good support level but no value buyers have stepped in. i want to some more blood before buying
Timing = 1 ( i think the overall market is likely to drop abit so this stock could drop some more)
Volume = 0 (volume was big on the selloff and it went quick so i would be cautious when this stock bounces)
Group strength = -1 (the building materials stocks looks weak)
Entry = 1 (i think the entry would be great bc it would be near a trendline and also at the 45% droplevel)
Fractal = 1 ( Fractal supports a break down)
Timing = 1 ( i think the overall market is likely to drop abit so this stock could drop some more)
Volume = 0 (volume was big on the selloff and it went quick so i would be cautious when this stock bounces)
Group strength = -1 (the building materials stocks looks weak)
Entry = 1 (i think the entry would be great bc it would be near a trendline and also at the 45% droplevel)
Fractal = 1 ( Fractal supports a break down)
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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.