A giant rising wedge can be observed on BAM
This is the weekly timeframe and completion of the wedge is evident
Normally Rising Wedges act bearishly but one of this magnitude hodls bullish potential, which is also evident with the breakout
A support retest of the upper trend line and then further upward movement is likely
The construction sector has tremendous growth potential due to the large home shortage. BAM Group went through difficult times, but with a major reorganization and a new CEO Ruud Joosten who only seems to be making good choices at the moment. I see a bright future for BAM GROUP.
I have drawn two levels where I get into position.
