Hello Traders!
Since May 2021, BAL has been moving in a downtrend. The price returned to the main trading range of $10.83 - $18.84.
At the moment the asset begins the accumulation phase and after its completion, a new cycle will begin, and the current price decrease opens good prospects for medium-term and long-term purchases.
It is possible to gain a position in the range of $10.83 - $16.06. Part of the funds allocated to the deal should also be kept in case of the price decreases to the level of $8.43.
The aim of fixing of such purchases will be price levels
$35,55
$45,90
$63,25
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Since May 2021, BAL has been moving in a downtrend. The price returned to the main trading range of $10.83 - $18.84.
At the moment the asset begins the accumulation phase and after its completion, a new cycle will begin, and the current price decrease opens good prospects for medium-term and long-term purchases.
It is possible to gain a position in the range of $10.83 - $16.06. Part of the funds allocated to the deal should also be kept in case of the price decreases to the level of $8.43.
The aim of fixing of such purchases will be price levels
$35,55
$45,90
$63,25
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice