BXB is a major ASX100 company which trends well, making it a ideal candidate for Trendline Trading. The video explores trading this stock with the following buy rules

• Two consecutive weekly closes above a downtrend
• A new uptrend has formed with a valid uptrend line beneath price
• Price making higher weekly lows and higher highs
• Price has moved higher if buying in on the next day's open

Selling rules were

• A break below a stop loss of 15% below buy in price or a higher trough (as price moves up)

Result of the first trade was a profit of 73% over about 7 years while the second trade was terminated by the Covid fall in March 2020 for an 18% loss on that trade.

Price has formed a large pennant pattern which may see price move significantly higher - although we need to wait and watch!