BGS Bullish Pennant Breakout -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
$bgs ; BGS Wedging Down for Bullish Breakout$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
BGS Long due to Strong Fundamentals with Monthly Break-outBased 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.
Recently CLOSED Trades - Stock Trading RecapHello 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
Trade Journal: Long $BGS - 4/28/2020Yesterday, 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 buying BGS this morning, BGS had an nice run all day and closed near HOD. I moved up my stop loss at the close to 19.40, right under the gap up.
B&G Foods announces public offering of senior notesB&G Foods (BGS -0.3%) intends to offer $450M of senior notes due 2027.
B&G Foods intends to use the proceeds of the offering, together with the proceeds of borrowings under B&G Foods’ proposed first lien senior secured term loan facility, to redeem all of B&G Foods’ outstanding 4.625% senior notes due 2021, repay a portion of B&G Foods’ borrowings under its revolving credit facility and pay related fees and expenses.
source
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BGS$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
bullish on support and resistanceAs it seen there is a strong support in dowside, suggesting to speculate in up direction.
BGS Triple Top ExhaustionBGS 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 ;)
