So, are bears in control of $BR now?
That’s exactly what I’ve been noticing in my posts. Ever since BR dropped from its local top at $0.58, it has continued to face rejection.
And yes, bears seem to be in control right now. The $0.48 level is also looking very weak.
Now I’m shorting it.
Take Profit: $0.453
Stop Loss: $0.504
Selling pressure is still there. Big players have already booked profits and exited, and the main support at $0.53 has also been broken.
That’s exactly what I’ve been noticing in my posts. Ever since BR dropped from its local top at $0.58, it has continued to face rejection.
And yes, bears seem to be in control right now. The $0.48 level is also looking very weak.
Now I’m shorting it.
Take Profit: $0.453
Stop Loss: $0.504
Selling pressure is still there. Big players have already booked profits and exited, and the main support at $0.53 has also been broken.