STOCK BUY SIGNAL TRIGGERED: BITO @02/17/2023
| Ticker | BITO, Financial | Note |
| Last Price | 15.53 | |
| Buy | 15.53 | Limit Order This is generated by our mechanical trading system. Please read the chart section for more detailed and flexible entry options. |
| Target | 17.08 | Default at 10%, Or Sell when close below ma5(short term)/10(midterm)/20(long term) or when big down day or when formed inverted hammer at a resistance level |
| Stop | 15.05 | |
| Reward/Risk | 3.25 : 1 |
More Technical Status
| ATR | 0.53 | |
| Beta | – | |
| RSI(14) | 70.79 | |
| SMA20 | 7.44% | Distance to SMA20 |
| SMA50 | 25.26% | Distance to SMA50 |
| Recommendation | – | Analysts’ mean recommendation (1=Buy 5=Sell) |
Our system generated several buy signals today. BITO is one of them. Let’s take a look at this stock’s chart.
BITO is a great ETF that is associated with bitcoin investment. Looks like it breaks out a long term resistance level at around $15. There is a big chance it will go all the way to $18 level. Make sure it does not breaks down back to $15.
