Stock: BLOOM
Company: Bloomberry Resorts Corporation
Support: 6.67 / 6.60
Resistance: 7.55 / 8.20


BLOOM is trading above 20 EMA which formed a bullish engulfing pattern that is retesting its key resistance level at EMA 200. It has formed a higher low, volume and momentum is recovering.

Recommendation

If you intend to buy some shares, we recommend placing a stop-loss level if it falls below EMA20 (7.10).

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