beml was forming a lower low pattern but the difference between each lower low is decreasing by each swing which represents that bear strength is reducing and the stock is ready for some upmove.
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it gave a breakout of the trendline so good to go long
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first target is 855
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first target done trail stoploss to cost
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second target 885
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second target done
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third target 900
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fourth and final target is 920
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third target also done in a day
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positional players can look for targets of 960/1000
Trade fechado: objetivo atingido:
positional players keep trailing stoploss