CFD Trading – Buy Ball Corp. (BLL.NYS) @$87.35. Stop @ $84.90 and Target @ $94.10

Ball Corp Stock Code BLL.NYS


Price broke above the cloud in the previous trading session and changed the outlook of this stock from bearish to bullish. Price also broke above a recent high creating an Ichimoku V-shaped reversal with a V price projection target at $95.38. Conversion line and Base line had a bullish crossover and is hinting of a bullish price trend ahead. Lagging Span is above price of 26 days ago but is inside the cloud at the moment. MACD is bearish but MACD had warned of a divergence with price in recent past sessions, warning of a possible price bottom in the making. MACD recent bullish crossover is also a sign of a bullish price trend ahead. If price is able to stay above cloud, it could be heading towards the resistance at $94.10.


$87.35                Buy

$94.10                Price Target

$84.90                Risk Management Stop

3 weeks              Trade Duration

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.