Brinks has been consolidating around its 50 MA after a 100% rally from November of last year. If you zoom out to the weekly, the stock is forming a base on base pattern where it initially formed a rectangle pattern, broke out, and now forming another basing action just above that level.
Brinks Co (BCO)- PROVIDES SECURED LOGISTICS, CASH MANAGEMENT AND MONITORED SECURITY SERVICES TO BUSINESSES/GOVERNMENT AGENCIES
Brinks Co (BCO)- PROVIDES SECURED LOGISTICS, CASH MANAGEMENT AND MONITORED SECURITY SERVICES TO BUSINESSES/GOVERNMENT AGENCIES
✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
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✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel youtube.com/@taplot
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel youtube.com/@taplot
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.