NASDAQ:BGCP is advancing with a bullish price action backed up by bullish 50 and 200 daily MAs crossing and broke the previous high on Friday. I was expecting a pullback which did not happen, entering now may be risky as it already gained 15% last week, any pullback towards 4.25$ is considered a buying opportunity. The stock is now targeting the 6$ level, stops for current entries should be daily close below 50 days MA and ideally at 3.85$.
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This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
Hit the like button and follow if you find this useful :)
This is only my own view and not financial advice, do your own analysis before buying or selling
Happy Trading!
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