BKR is showing a classic Rounding Bottom. Don't miss the move.
Gradual reversal from bearish to bullish.
BKR is showing interesting structural developments at $57.25. With a last close of $57.25, volatility remains active (2.07%). Price action has carved out a classic Rounding Bottom. The trend indicator is reading 36.2/100, suggesting moderate momentum. A potential breakout level is identified at $64.47, targeting $76.67 with support near $58.37 (R:R 2.0).
What is your outlook on BKR?