#BERGERPAINT - Entry on Retest of 800 ; Target 862
#BERGERPAINT -
Entry on Retest of 800
Target 860
Stoploss 775 ( weekly close)
Risk / Reward - 1 : 2.2
Retest highly likely considering Daily RSI at 45 and generally bottoms out at 30.
Since mid-May 2021, stock has not had a daily close below 785 with buying emerging at those levels, and expect the same to continue
Entry on Retest of 800
Target 860
Stoploss 775 ( weekly close)
Risk / Reward - 1 : 2.2
Retest highly likely considering Daily RSI at 45 and generally bottoms out at 30.
Since mid-May 2021, stock has not had a daily close below 785 with buying emerging at those levels, and expect the same to continue