Questions and answers about company X's situation from TA's perspective


BHG did not make a 35.20 breakout - it tried, but lacked the upward momentum of larger volume. The area between 32-35 has long been an important range, if we look back. Now its breakdown has certainly triggered many stop-losses (either manual profit-limit sales or automatic ones) and we are going down rapidly. Now I do not recommend rushing until a 1H trend change (bull) occurs.

  • edit: corrected a typo, 32-25->32-35
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