DeclanTroy

BKG Inverse Head & Shoulders Buy

Long
LSE:BKG   BERKELEY GROUP HOLDINGS (THE) PLC ORD SHS 5P
52 views
2
BKG Has formed an inverse head and shoulders pattern with a resistance of 3751. There's also been some tight consolidation leading to a breakout, which is over the 50 day SMA . 14 day SMA was acting as resistance but is now support and the 7 day SMA is making a bullish move and almost taking over the 14 day SMA .

My game plan would be the following:

Trigger Price: 3609
TP: 4109
SL: 3509
RR: 5:1

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter