$BCOV price respected SMA 200 for the last 12 months

Ticker: $BCOV


$BCOV price has been respecting SMA200 for the last twelve months.  This is a good example of stocks that can be swing traded using SMA 200 as a guide for support and stop loss.

Trade: Open position and set stop loss at 2X ATR.

Note that this kind of set up is not guaranteed. As with any other set up, the only way to take me out of a losing trade is my stop loss.

Possible upside: 60% no guarantee


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