BZUN is forming a flag formation in weekly frame. It also formed an ascending triangle, which seems broken out recently. So we have short term target for ascending triangle & a long term target for weekly Flag formation.
* Trade Criteria *
Date first found- April 10, 2017
Pattern/Why- Flag formation (Weekly), Ascending triangle
Entry Target Criteria- Break of $17.03
Exit Target Criteria- 1st- $18.56. 2nd- $23.87 (weekly flag).
Stop Loss Criteria- $15.72
Please check back for Trade updates. (Note: Trade update is little delayed here.)
* Trade Criteria *
Date first found- April 10, 2017
Pattern/Why- Flag formation (Weekly), Ascending triangle
Entry Target Criteria- Break of $17.03
Exit Target Criteria- 1st- $18.56. 2nd- $23.87 (weekly flag).
Stop Loss Criteria- $15.72
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Trade active
April 11th- Went up & hit entry criteria today. Now wait & see.
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Disclaimer
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Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
Related publications
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.