Text me if you have any questions/comments for me.
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BST
- Previous analysis was done on 14 Oct - Suggested waiting for a successful rebound around 3.42 levels before plotting half-position entry
- Stock tested both the resistance (blue dash line), trendline support (purple dotted line), and the short-term moving average
- Typically, an ascending triangle points towards a strong breakout but I’ve seen my fair share of broken supports too
- With low daily average volume, a strong breakout would be very sudden and may be difficult to catch
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful breakout before plotting half-position entry
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BST
- Previous analysis was done on 14 Oct - Suggested waiting for a successful rebound around 3.42 levels before plotting half-position entry
- Stock tested both the resistance (blue dash line), trendline support (purple dotted line), and the short-term moving average
- Typically, an ascending triangle points towards a strong breakout but I’ve seen my fair share of broken supports too
- With low daily average volume, a strong breakout would be very sudden and may be difficult to catch
- R is borderline 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful breakout before plotting half-position entry