BBI | Long | Post-Earnings Recovery & Channel Support | (June 2025)
1️⃣ Short Insight Summary:
BBI is setting up for a potential bounce after recent earnings and a retracement into key support. Despite weak fundamentals, technicals show a possible move up if the support holds.
2️⃣ Trade Parameters:
Bias: LongEntry: Around $2.50 (current support level)Stop Loss: $2.36 (just below value area low)TP1: $4.37TP2: $5.44TP3: $6.47Final TP: $7.32
3️⃣ Key Notes:
BBI has had a tough fundamental track record, with overall financials declining since 2012 despite being founded in 2020. However, it experienced a recent price pump and is now pulling back into a strong technical support zone within an ascending channel.
Revenue is forecasted to grow slightly over the coming years, and the estimated Q2 earnings show a $401M revenue figure with $300M net income. Market cap sits at $1B with a 280M float. Volatility remains high, but that also offers opportunity.
✅ Watch for price action confirmation around the $2.50 level to validate a bounce setup.
4️⃣ Optional Follow-up Note:
I’ll continue tracking this trade and post updates as the setup develops, especially near the first and second take profit levels.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.
Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.
1️⃣ Short Insight Summary:
BBI is setting up for a potential bounce after recent earnings and a retracement into key support. Despite weak fundamentals, technicals show a possible move up if the support holds.
2️⃣ Trade Parameters:
Bias: LongEntry: Around $2.50 (current support level)Stop Loss: $2.36 (just below value area low)TP1: $4.37TP2: $5.44TP3: $6.47Final TP: $7.32
3️⃣ Key Notes:
BBI has had a tough fundamental track record, with overall financials declining since 2012 despite being founded in 2020. However, it experienced a recent price pump and is now pulling back into a strong technical support zone within an ascending channel.
Revenue is forecasted to grow slightly over the coming years, and the estimated Q2 earnings show a $401M revenue figure with $300M net income. Market cap sits at $1B with a 280M float. Volatility remains high, but that also offers opportunity.
✅ Watch for price action confirmation around the $2.50 level to validate a bounce setup.
4️⃣ Optional Follow-up Note:
I’ll continue tracking this trade and post updates as the setup develops, especially near the first and second take profit levels.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.
Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.
2 Ways I can help you | Real Trades. Real Edge
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
2 Ways I can help you | Real Trades. Real Edge
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.