BURGER KING CUP & HANDLE BREAKOUT

2021年7月5日

Burger King is on the verge of its long-awaited breakout. It has been respecting its 164.90 resistance line for long and consistantly.
As shown in the graph it's clear,

CUP & HANDLE Breakout on Daily time frame

Flag and pole breakout on the hourly time frame

The stock has been respecting its Fibonacci retracement levels, and right now is at the most crucial 61.9% retracement.

Its expected the scrip would take support at this level and go long for targets of 170 - 175 in the coming weeks. Good swing trade oppurtunity.

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Thanks and happy trading.

2021年7月6日

交易進行

Break-out done, support retesting. Get ready for 180 levels. Like and share if you bought burger king after reading this!

2021年7月8日

交易結束：目標達成

Target of 180 achieved. Hope you guys made good money. Like & Follow for more of these swing trades.