BTBT reversal pattern from deep oversold territory LONG
BTBT on the 15-minute chart hit the dynamic resistance of the upper +1 VWAP line about
August 1st and fell in a VWAP breakdown through the mean VWAP while also heavily beating
earnings estimates into the underlying dynamic support of the lower -1 VWAP line earlier
today. I see this as an early reversal for a long trade setup with the first target the mean VWAP
at 17% upside and the second target the pivot highs of August 1st at 35% upside while setting
a stop loss @ 2.52. I have profitably traded BTBT in the recent past. I see the opportunity
to do so again. If you would like to know my call options contracts on this, please leave
a comment. These are very suitable for those with small accounts focused on realtively high
potential profits using a very small portion of the account in tight risk management ( Please like an follow)
August 1st and fell in a VWAP breakdown through the mean VWAP while also heavily beating
earnings estimates into the underlying dynamic support of the lower -1 VWAP line earlier
today. I see this as an early reversal for a long trade setup with the first target the mean VWAP
at 17% upside and the second target the pivot highs of August 1st at 35% upside while setting
a stop loss @ 2.52. I have profitably traded BTBT in the recent past. I see the opportunity
to do so again. If you would like to know my call options contracts on this, please leave
a comment. These are very suitable for those with small accounts focused on realtively high
potential profits using a very small portion of the account in tight risk management ( Please like an follow)