$BSP breakout retest watch
#bsp is holding above $40 after a 4.9% move, with $41.39–$41.59 acting as the immediate resistance zone. A clean break can extend momentum, but the safer setup is a retest.
Long Entry: $39.90–$40.30
SL: $39.00
TP1: $41.39
TP2: $41.59
TP3: $42.50
Avoid FOMO near resistance; wait for confirmation.
#USAugustPPIRisesLessThanExpected #IranBlocksStraitOfHormuz #USAugustPPIYoYRisesTo5.4%
#bsp is holding above $40 after a 4.9% move, with $41.39–$41.59 acting as the immediate resistance zone. A clean break can extend momentum, but the safer setup is a retest.
Long Entry: $39.90–$40.30
SL: $39.00
TP1: $41.39
TP2: $41.59
TP3: $42.50
Avoid FOMO near resistance; wait for confirmation.
#USAugustPPIRisesLessThanExpected #IranBlocksStraitOfHormuz #USAugustPPIYoYRisesTo5.4%
