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BF INVESTMENT – TECHNICAL CHART STUDY

bfinvestment_1

buy BF INVESTMENT above 75 hold closing basis, sl 48 target 125-175-250

technical chart study

as per technical chart development we can see that stock is crossing 3 years high level on chart now, and we can clearly stop that stock has done consolidation for almost two years on chart and now its moving out of range.

and right now its rising with higher high and higher low level, which can even a indication of trend change at this stage.

even rsi development clearly indicate that it has done enough consolidation on chart now, and rsi looking for upper breakout if price support.

so basic study of the stock can indicate us that if price able to move above and able to close above inform level then we can expect a good move in stock with inform risk level.

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