BNL had a pull back mid June and has since recovered to make new all time highs.
Since breaking out it has been consolidating right above resistance hence making it a new support level.
* New company
* Steady up trend
* Pays generous dividends
* Broke above pull back with relatively higher volume (7.28%)
* Creating new support level from the broken resistance
* Price is at a great point!
Trade Idea:
* Entry at previous close $27.63
* Stop at $26.20 (~5%)
* Target at $33.17 (~20% ROI)
Since breaking out it has been consolidating right above resistance hence making it a new support level.
* New company
* Steady up trend
* Pays generous dividends
* Broke above pull back with relatively higher volume (7.28%)
* Creating new support level from the broken resistance
* Price is at a great point!
Trade Idea:
* Entry at previous close $27.63
* Stop at $26.20 (~5%)
* Target at $33.17 (~20% ROI)