Search
Products
Community
Markets
News
Brokers
More
EN
Black Friday sale
Up to 70% OFF
Community
/
Ideas
/
BMW: Don't Miss This Buying Opportunity
BAY.MOTOREN WERKE AG ST
Long
BMW: Don't Miss This Buying Opportunity
By VasilyTrader
Follow
Follow
Feb 20, 2020
4
1
12
12
Feb 20, 2020
Hey traders,
I have a bullish forecast on BMW stocks.
analyzing the price fluctuations on a daily you can clearly see the convergence of multiple technical elements:
65 is a strong horizontal structure support level
this level matches with the retest of a broken resistance of a falling channel
perfect confluence with 618 retracement of the last bullish impulse
oversold rsi
with that in mind, we can freely buy bm stock from the current prices!
target levels will be:
70.5
76.5
please, support the idea with like!
BMW
Chart Patterns
forecast
Technical Indicators
options
Stocks
Trend Analysis
VasilyTrader
Follow
✅Join My Telegram Channel:
t.me/VasilyTrading
❗️YouTube Channel
youtube.com/c/VasilyTrader
💰Instagram:
instagram.com/VasilyTrader/
💰
✅Facebook:
facebook.com/VasilyTrading/
✅
Also on:
Related publications
IBM: Bearish Wave Is Coming!
by VasilyTrader
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.