BlueStarCo Soars from 747.95 to 1926: All Targets Reached!

22 Okt

BlueStarCo has shown a remarkable bullish run since entering at 747.95 on 6th September 2023. The price has not only reached all take profit targets but also surged far beyond expectations, currently trading at 1926.

Key Levels:

• Entry: 747.95 – This marked the point where the bullish momentum took hold.
  
• Stop-Loss (SL): 724.85 – Positioned below the entry to minimize downside risk.
  
• Take Profit 1 (TP1): 776.55 – Reached early in the trade, confirming a strong start.
  
• Take Profit 2 (TP2): 822.80 – Hit as the upward momentum continued.
  
• Take Profit 3 (TP3): 869.10 – Met, indicating strong sustained buying pressure.
  
• Take Profit 4 (TP4): 897.65 – Final target hit, followed by a significant price surge beyond all targets.
  

Trend Analysis:

The price action has been well-supported by the Risological dotted trendline, confirming a consistent uptrend. The continuous rise from the entry point shows no signs of reversal, with the current price sitting at 1926, nearly doubling the initial entry value. Traders who held on to this trade have seen tremendous returns, and further gains are still possible as the momentum remains strong.