BIDU - 3-4 continuation breakout

7 בינו׳ 2021

Loading zone is anywhere in the golden zone. BIDU is in a nice channel at bottom of range and can see a lot of upside from here. It is holding the 50 SMA on the 4H, and 9 EMA on the Daily. A backtest of the prior bull flag break out can send it to the next levels above. A candle close below the golden zone invalidates this play.

10 בינו׳ 2021

הערה

This played out quite nice. PT of 300 bull case now.