$BPI Daily Chart as of November 13, 2017 |
Notes:
1. Price being traded near that 38.2% Fib Ret level. Must hold this level.
2. Yellow MA is moving towards the Blue MA. A cross over will be favorable.
3. CCI must move and stay above zero level.
4. Stochastic is increasing.
5. Sample Trade (assuming price will appreciate)
- Entry Price: 99
- Exit Price: 107 (+8.1%)
- Stop Loss: 95.83 (-3.2%)
- Risk Reward Ratio: 2.52
Mind the levels, manage the risks.
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