top of page

Breadtalk- Sleeping bull waiting to burst

For the past few weeks, we have been watching breadtalk for quite some time and these are our observations. (Vested at 1.91)

1. Breadtalk has great relative strength compared to the other counters, if you notice from the chart, when the whole world market is collasping, breadtalk merely RETRACED slightly.

2. Strong support and absorption of selling at 1.89-1.9

3. Volatility contraction/bollinger band getting narrower waiting for a

Our opinion: Entry Price:1.9-1.92 Stop loss below 1.88. TP above 2 (DYDD not a buy or sell call)

If the market is bullish after all these trade wars fear, Breadtalk should head above 2 anytime soon.

Interested in joining our community and receive live Satki calls, please refer to this

https://satkitrader.wixsite.com/website/connect-with-us

Disclaimer:The contents of this website are provided to you for information only and should not be used as a basis for making any specific investment, business or commercial decision. These pages should not be construed as an offer or solicitation for the subscription, purchase or sale of the securities, and specifically funds or any investment products, mentioned herein, or, in any jurisdiction to any person to whom it is unlawful to make such an invitation or solicitation in such jurisdiction

squeeze for explosive move.


Featured Posts
Recent Posts
Archive
Search By Tags
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square
bottom of page