Description of Chart:
If we go out to the weekly time frame we can see that BMWD is in a nice consolidating range. we are approaching the top end of that range and this could be a nice opportunity to get short for a small win. There is however the opportunity for price to rally into the 50 and 200MA on the weekly sitting at 81.37 and 83.98 respectively.
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If we go out to the weekly time frame we can see that BMWD is in a nice consolidating range. we are approaching the top end of that range and this could be a nice opportunity to get short for a small win. There is however the opportunity for price to rally into the 50 and 200MA on the weekly sitting at 81.37 and 83.98 respectively.
Website: www.lukelehepuu.com
Take a look at my website, you can become a member or sign-up to my weekly newsletter.
*** To get my ideas immediately you can follow me ***
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