Berry corp into a bullish flag. Not confirmed yet.
Could confirm this week if if plays out like other energy stocks have lately.
All indicators are go!
If confirmed:
Price target = 15.89$
Stay humble, have fun, make money!
Breakout with heavy volume.
ATR is 0.34 and it's gone 0.34 today. Could be a good buy today (7/13) or tomorrow in the low $7.x range.
It may retest too.
Hello Traders!
After a confirmed false breakout, a bounce off of the 200 SMA, the MACD crossing under the 9 EMA, and the RSI indicating overbought conditions, the price of the Berry Corporation will continue its strong short-term downtrend and drop back at least to the 2.78 support/resistance. The MACD looks still very pessimistic and the RSI is a good bit away...
the chart of BRY is looking too much bullish. its a risky trade and only for aggresive trader.
Market price - $13.44
Sl- Any daily close bellow the trend line i given on the chart
Target - 1st- $16.97 , 2nd - $20
wish you all the best
