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Trade 8: BBTC

 Buy BBTC

BUY = 1250

STOP = 1150

TARGET = 1500


Weekly Chart of BBTC

Why BBTC is a buy?

The price level of 1400 was a strong resistance for this stock since 2019.

However, the stock witnessed a breakout around this level in the month of August 2020.

Since then the stock witnessed some profit booking.

Now the stock is consolidating around the levels of 1250. 


This stock is a buy at 1250 with a stop of 1150.

The target is 1500.

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