BRX uptrend continues
With the US indices in a mini-range right now there aren't many breakout opportunities.
BRX is a good trending stock but has only been trading for just over a year - so not one I would look to trade at the moment. However, despite some erratic volume (on relatively small bars), it continues to push up in a fairly uniform fashion. The pullbacks are generally not too deep or too long in duration.
I like to take a longer-term view on trading so I will wait for volume to pick up and become more consistent. I don't think I'll be looking to trade BRX anytime soon. But for a new stock it is behaving very well, so if you are happy to technically trade with limited data this is a buy opportunity.
BRX is a good trending stock but has only been trading for just over a year - so not one I would look to trade at the moment. However, despite some erratic volume (on relatively small bars), it continues to push up in a fairly uniform fashion. The pullbacks are generally not too deep or too long in duration.
I like to take a longer-term view on trading so I will wait for volume to pick up and become more consistent. I don't think I'll be looking to trade BRX anytime soon. But for a new stock it is behaving very well, so if you are happy to technically trade with limited data this is a buy opportunity.
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