Two Trade Ideas - Both Bullish
So while I was backtesting a handful of new indicators I came across this chart and couldn't pass up the opportunity to share with all of you.
I went ahead and labeled everything in the picture and at this point in time we are in the perfect buy zone for either scenario.
If stop loss is set under support at the 76.4 fib level then you are looking at about a 6-1 R/R.
By the way, I know BB is a name that most of us haven't heard of since our childhood, but this company has now actually shifted their focus to working on and producing AI technology.
Just as a reminder, I'm in no way qualified to be a financial advisor and I have absolutely no idea what I'm talking about. Happy trading!
I went ahead and labeled everything in the picture and at this point in time we are in the perfect buy zone for either scenario.
If stop loss is set under support at the 76.4 fib level then you are looking at about a 6-1 R/R.
By the way, I know BB is a name that most of us haven't heard of since our childhood, but this company has now actually shifted their focus to working on and producing AI technology.
Just as a reminder, I'm in no way qualified to be a financial advisor and I have absolutely no idea what I'm talking about. Happy trading!
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