-Clean breakout of the bullish pennant -Slight Volume increase -Bullish MACD -Low Float -Increase Hype on Reddit This thing has the potential to fly. Will be looking for an entry position on a retest or dip
$bgs in a nice setup, strong FA, wedging down and price action constricting for a breakout, RR Ratio 1.89; 8% risk downside 17% to upside potential; buy now or at 26.18, stop loss 24.43; take profit 31.05
Based on US leading indicators, Food&Bevarage Sector remains strong. You can watch this break-out. Already have long position with soft target. Find your own SL depending on your entry level.
Hello everyone, I have got here for you some of our recently closed trades on our long-term strategy. Check in the video how we analyzed the markets, what was the logic behind and how the trades developed eventually. Tickers: NASDAQ:MRTX NYSE:AQN NYSE:BGS John FINEIGHT Team
Yesterday, I pointed out this flag pattern forming on BGS on the 65m timeframe. BGS had broken out and had been consolidating tightly. This was a potential short squeeze candidate as BGS has a 26% short interest. I was looking at buying this stock above 19.30 and the trade triggered right at the open today. Entry - 19.49 Stop Loss - 18.48 Target - 25 After...
B&G Foods (BGS -0.3%) intends to offer $450M of senior notes due 2027. B&G Foods intends to use the proceeds of the offering, together with the proceeds of borrowings under B&G Foods’ proposed first lien senior secured term loan facility, to redeem all of B&G Foods’ outstanding 4.625% senior notes due 2021, repay a portion of B&G Foods’ borrowings under its...
$BGS break out of ascending triangle.looking for a small pullback as 4 hour rsi is a little hot. First resistance at 0.585 with short term target at 0.670. 50 and 100 day MA pointing up and about to cross the 200day.A pullback to 0.485 its time to jump ship imo. #lithium #gold
As it seen there is a strong support in dowside, suggesting to speculate in up direction.
BGS has gone on a big rise lately since its board of directors change. This triple top looks like it will be a return to the mean until we get some more concrete news. This could be a good opportunity to sell... or perhaps top up ;)