$BLDE
Added 2024-07-22 15:33:28 +0000 UTCThis is a Cathie Wood stock that she has been buying hand over fist, take what you like from this statement but I can not the deny the set up here.
Broke out of the descending wedge, formed an ascending triangle now and holding above the 50 and 200 Day MA as the price moves up to test the top line again at $4.
This is a high risk high reward position, so I think waiting for support confirmation is needed, so a hold above $4 would need to be seen before considering a position.
First Target is at $6.20 then.
