$BSP : PARABOLIC BREAKOUT, BUT SELLERS MAY STEP IN
$BSP has surged nearly 47% in 24 hours, jumping from the $38 area toward $58. After such a sharp rally, volatility and profit taking could trigger a pullback toward $48.
SHORT TRADE SETUP
Entry: $55.50 to $56.50
TP1: $52.00
TP2: $50.00
TP3: $48.00
SL: $60.00
A rejection near current levels could support the downside move. Wait for bearish confirmation, as strong momentum may push price higher before any correction.
Sell and Trade
$WAL
$BSP has surged nearly 47% in 24 hours, jumping from the $38 area toward $58. After such a sharp rally, volatility and profit taking could trigger a pullback toward $48.
SHORT TRADE SETUP
Entry: $55.50 to $56.50
TP1: $52.00
TP2: $50.00
TP3: $48.00
SL: $60.00
A rejection near current levels could support the downside move. Wait for bearish confirmation, as strong momentum may push price higher before any correction.
Sell and Trade
$WAL