BMWM5/N trade ideas

robertczeko

there is forming symtrical trinagle after breakout above weekly resistance with lot of room for uptrend.

IvanLabrie Updated 

BMW AG has triggered a nice buy signal today, we could enter at market, with half risk size and look to add if we hit 81.61 to complete our position size. Go long BMW @ market price (last: 82.21) stop loss @ 80.36 Target #1 89.78, target #2 98.62. I'd risk half on the first position, and expect to let this trade run for at least 2-3 weeks if not stopped...

Mikekersting

shortterm uptrend since oct., 38.2 retracement, stop buy at 61.8 % upsidebroke (78,10), stop at pre low around 73.90, T1 at 86, T2 at 93

KasparsBda

Mistake.