AsimMirzaTrader

BUX - Trade Plan

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ASX:BUX   BUXTON RESOURCES LIMITED
BUX has reached strong support which is also the global POC of Volume Profile. We need a bit of bullish price action confirmation before taking a buy position, so far the price action looks good. If price consolidates at the current level around $0.070, then we could see price going higher. I will be monitoring price action and once confirmed will take a long position with a target of $0.100 (potential 32% gain).

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.

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