Potential outside week and bullish potential for BGA

Entry conditions:
(i) higher share price for above the level of the potential outside week noted on 17th July (i.e.: above the level of $6.10).

Stop loss for the trade would be:
(i) below the low of the outside week on 15th July (i.e.: below $5.80), should the trade activate.

Trade active

UPDATE (week ending 24-Jul): Trade activated early in the week and remained above short-term moving averages and quarterly VWAP on the daily chart after respecting the near-term resistance area of $6.19 (from the open of 22nd December 2025).

Note

UPDATE (week ending 31-Jul): Share price continues to make higher highs and higher lows on the daily chart, respecting the quarterly VWAP and short-term 15 day EMA to the upside at the present time.

2 days ago

Note

UPDATE (week ending 07-Aug): Further tests of the quarterly VWAP occurred over the past trading week, with the share price closing the quarterly VWAP and short-term moving averages at the end of the trading week. Traders and investors should also be aware of the upcoming earnings release scheduled for Thursday 20th August, for forward planning purposes.

Ivory_Wolf

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Ivory_Wolf

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