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$BEAT – Price is trading above key moving averages, indicating a bullish trend.
Trading Plan Long $BEAT
Entry: 0.94546 – 1.0003
SL: 0.67386
TP: 1.1376
TP: 1.2473
TP: 1.4215
Price has formed a bullish engulfing pattern, confirming the uptrend. The relative strength index (RSI) is in the overbought region, but a pullback is expected to be shallow. A strong bounce from the 50-period moving average is also expected.
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