A price action above 44.00 supports a bullish trend direction.
Increase long exposure for a break above 47.00, that overlaps with its 23.6% Fibonacci retracement level.
Teh target price is set at 49.00, just below its 38.2% Fibonacci retracement level.
The stop-loss price is set at 43.00.
Recently the stock corrected from oversold territory.
Might we see?
1....
Look at this company that is undervalued with a $0.80 dividend that is on sale today.
It came up on my scan today as an undervalued stock with a MACD crossover, low RSI, and undervalued.
Ready to get some shares in this dividend
A dip in price below 57.00 provides evidence in favour of a bearish trend trajectory.
This negative direction is further substantiated should a breakdown occur below the 56.00 mark.
The target price is set at 53.00, with a stop-loss set firmly at 60.00 to mitigate risk.
A bearish MACD crossover is also applicable, reinforcing the negative forecast.
The...
Potential bottom point for BALL
This bottom has formed after a strong top
The uptrend however is a lot stronger than the top formed
It will likely hodl
Bars pattern placed is just a guess of how the bulls will play it out
The PEAD projected a Neutral outlook for $BALL after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 55.56%.
