Bayerische Motoren Werke AG
做多
已更新

BMW: Nice looking long setup

383
BMW AG has triggered a nice buy signal today, we could enter at market, with half risk size and look to add if we hit 81.61 to complete our position size.
  • Go long BMW @ market price (last: 82.21)
  • stop loss @ 80.36
    Target #1 89.78, target #2 98.62.

I'd risk half on the first position, and expect to let this trade run for at least 2-3 weeks if not stopped out.

Good luck if taking it.

Cheers,

Ivan Labrie.
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Let's see if tomorrow sees the stop hold.
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We have a retest at the mode, not looking too good for now. If tomorrow doesn't turn up, it'll get us stopped.
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Broke down sadly. European equities not looking too good.
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Failure to rally and moving under the mode imply a selloff of very high probability.

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