Long-term BKL support appears to be ~ $86, and resistance $220....

Long-term BKL support appears to be ~ $86, and resistance $220. No predictions how high it will go rather than trade what I see and manage risk accordingly. Position size is ~ 5%, so with my floating stop loss, the objective is to keep any future loss at maximum ~ 0.5% of total trading capital.

All moving averages headed up. MACD starting to cross up.

A potential downside is that BKL is part of the consumer discretionary ASX sector that contains bearish stocks such as HVN, MYR, JBH, and others.

Today BKL is up again, so the plan is to hold until my floating stop loss / profit protect ATR level is hit.

Daily stock trading diary excerpt.