mrmaximo74

BDR A chance for profits

Long
mrmaximo74 Updated   
AMEX:BDR   None
*TIMEFRAME FOR PLAN EXECUTION - Dec 3 2018 - Jan 11 2018*

BDR - PLAN A - I expect to see a move south back to $1.10 with consolidation and diminishing volume.
If indicators are suggesting so, a purchase here $1.10 would be great for a subsequent move north
to $1.30 for an 18.01% win.

PLAN B - Should the $1.10 support not hold up, my opinion is a move south further to $0.97 and a
hopeful buying signal here, followed by a hold to $1.30 by Jan 11, 2019 or longer should the trend
continue, with $1.30 be my target exit price point for a 34.02% win.

WHY? MACD - Is just curling south, suggesting the ceiling has hit/near-hit at this point
EFI - Suggesting a holding pattern here, no real movement north and holding patterns
are not good for this Force Index
RSI - Currently indicates at the least, in my opinion, that the current price may be pushing
overbought territory, meaning patience for a better deal in the price

- PAYtience is the key here! Looking for indicators to get in requires paytience and tenacity. -

*DISCLAIMER - I am not a professional trader. These are merely my thoughts. If you need professional help with your trades,
look for a professional who know all about stocks.*
Trade active:
Notice this stock dipped to $1.08 Dec 4th, and today rose to a high of $1.24. This stock runs and has nearly already proven my play, as limit sells are placed.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.