$BARD (+20% for a day) is traded at $0.9975 and has already almost touched the psychological mark of $1. RSI on 1D jumped to 76.61 — overbought zone, but with the preservation of volumes and the overall bullish sentiment in the market, this often becomes just a pause before the continuation of the impulse.
Technically:
• A breakthrough and consolidation above $1.00 will open the way to $1.35 (+35%) and then $1.80–2.00 (zone of previous highs).
• Support: 0.92$ → 0.85$ → 0.77. Breaking 0.85 down — trend change.
Bullish scenario (long)
Entry: retest and bounce $BARD from 0.96–0.98$
TP1: 1.18$
TP2: 1.35$
TP3: 1.80$
SL: 0.93$ (~4%)
Risk: 1–2% of the deposit. Move to breakeven after +8–10%.
Bearish scenario (short)
Entry: bounce down $BARD from 1.02–1.05$ with confirmation of reversal
TP1: 0.92$
TP2: 0.85$
TP3: 0.77$
SL: 1.08$ (~4–5%)
Risk: 1–1.5% of the deposit.
As long as volumes are growing — bulls are dominating. Watch for consolidation above $1.
What is your forecast for BARD? $2 by the end of the year or a correction? Write in the comments!
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