$BJ Bounced off VWAP and Closed Above the 50 SMA. Bull Run!!!
Updated
Strong channel breakout + above 50 day moving average is a great sign. Congrats to the Bulls who timed it perfectly. If the 50 SMA holds, this could run higher.
The RSI is just above 60 and earnings announced Feb 18th (per Earnings Whispers). My profit targets are marked on the chart (dashed lines)
The RSI is just above 60 and earnings announced Feb 18th (per Earnings Whispers). My profit targets are marked on the chart (dashed lines)
Trade closed: target reached
Successful trade! Price may turn sideways and relax here. Keeping on watch for a break of the GREEN line. $44 would be the next target up.
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.