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tradewithmitra

BMAX. analysis

Long
BYGGMAX GROUP AB (OMXSTO:BMAX)  
tradewithmitra Updated   
OMXSTO:BMAX   BYGGMAX GROUP AB
Multiple Time Frame Analysis Pennant Triangle sweden swingtrading Symmetrical Triangle 200sma rsidivergence LONG
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mtfa pennant triangle sweden swingtrading symmetricaltriangle 200sma rsidivergence long
BMAX has given a long signal with:
  • Break of a symmetrical triangle on the weekly chart
  • Pennant broken
  • RSI shows divergence on the weekly chart
  • Prices are above 200MA
  • 123 trend change
Trade closed: target reached:
Classic textbook example trade :)
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