Technical Trades
Technical Analysis applied to Stocks and Futures.

BDK sets up short right here

Further to THIS POST, BDK’s price action shows in a fuzzy ‘c’ up on the daily. The gap resistance area suggests the potential for a short C, and provides for a sensible r/r short setup from current intraday levels, and the short trigger is here at 73.77 (current price), which is the failed intraday 1 min fuzzy C corrective support at 73.81. I’m risking a little over 4% on this to target $27.00 stock price, which is 63% profit. Reward/Risk ratio calculates close to 15 and very good. Optimistic? Sure it is. :D Stop to even when +4%.

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