NYSE:BG
05JUN16 -
Stock looks like it is going to reverse at heavy resistance / trend channel that is in confluence with the 0.5 fib level at $69 and is heavily overbought on the RSI (80).
Entry criteria:
Long Position - Breakout from the downward price channel and a base of support at $69.
Short Position - If we get confirming bearish candlestick...