BMRI (VCP - 32W 19/3 4T)

I bought my positions today
July 20, 2023

The reasons:
1. Low-risk pivot entry
2. A quintessential long-base VCP
3. The stock is at its all-time high with a six months base
4. It is in a confirmed stage 2 uptrend
5. It developed a crisp setup during the market correction
6. It has a high relative strength line

Flaw:
The general market is still declining

I'm expecting some positive actions in the upcoming days

Trade fechado: objetivo atingido:

I got stopped out at a trailing stop for a +4% gain.

Trade closed: October 19, 2023