Goldybug

BME - Poised for breakout upwards

Long
LSE:BME   B&M EUROPEAN VALUE RETAIL S.A. ORD 10P (DI)
BME doesn't do tight trading channels very often. The last time it did a rapid 7.5% surge upwards followed. BME is now going through almost the same shaped trading channel. Is it going to surge up again? Goldybug thinks so. That's why he's heading to a line just slightly above 600p. Good Luck everyone. Goldybug's opinion only.

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