Stock Analysis:- Today’s top swing trade idea for July 22, 2024, is Bats (BANF).
Trade Details:
- Date: Friday, July 19, 2024
- Closing Price: $104.88
On the higher time frame, Bats (BANF) is trading in a strong buy trend, continuously creating higher highs (HH) and higher lows (HL). The stock price is trading within an ascending channel, presenting a potential good buy setup in the $103 to $95 price range. The next target could be the previous high swing, and strong volume indicates the price is likely to move in an upward direction.
Note: If the price breaks and closes below $81, this buy setup will be invalid.
Buy Swing Trade Ideas:-
Entry Price Range: $95-$103
Stop Loss (SL) Price: $81
Target 1: $114
Target 2: $120
Note: Keep trailing your stop loss to secure bigger profits.
Please note this is only an opinion and not financial advice.
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