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Biglots

Big Lots Inc. Long positionMarket just finished Elliot wave 1 to 5 downwards, we just hit our buy zone, we can either entry now or wait for a pullback back to the entry zone to get better R/R ratio, but we might miss a trade since market might not pull back. Indicators: AROON: On a weekly chart it is still showing a bearish momentum, but indicators are slow to catch up and lag, so looking at daily timeframe we can already see lines closing in on each other and on 4h chart we can see that it already shows bullish momentum (Orange line above blue) RSI: It was close to being oversold, and bounced off of our buy zone, we missed our first entry for a good r/r but we could still entry or wait for a retrace Bollinger bands: We just bounced off of a top Bollinger band which might seem like we are going for a retrace to retest our buy zone. On a higher timeframes 2/3 indicators show bearish momentum which seems most likely we are going for a retrace that's why our entry is there. Entry: 33.38 At the top of buy zone Invalidation: 30 (Just below buy zone) Target: 60 (Near strong supply zone)
BLong
by vf_investment
Big Lots (NYSE: $BIG) 👀 Lucrative On Bounce Off 200 Day MA Big Lots, Inc., through its subsidiaries, operates as a retailer in the United States. The company offers products under various merchandising categories, such as furniture category that includes upholstery, mattress, case goods, and ready-to-assemble departments; seasonal category, which comprises patio furniture, gazebos, Christmas trim, and other holiday departments; soft home category that consists of fashion and utility bedding, bath, window, decorative textile, home organization, area rugs, home décor, and frames departments; and food category that includes beverage and grocery, candy and snacks, and specialty foods departments. It also provides merchandise under the consumables category, which comprises health, beauty and cosmetics, plastics, paper, chemical, and pet departments; hard home category, including small appliances, table top, food preparation, stationery, and home maintenance departments; and electronics, toys, and accessories category consisting of electronics, toys, jewelry, apparel, and hosiery departments. As of March 15, 2021, it operated 1,410 stores in 47 states and an e-commerce platform. Big Lots, Inc. was founded in 1967 and is headquartered in Columbus, Ohio.
BLong
by RedHotStocks
CAD/CHF TOP DOWN ANALYSIS|SHORT BIASI am waiting for a breakout in one direction or the other, on the daily, which you can see below. On a lower timeframes I am expecting a downward move and the upward channel/bear flag support line retest. Remember, that we are trading confirmed breakouts only, and after a pullback, so that we could have a nice risk reward profile. I am somewhat short biased, to be honest. Trading daily timeframes is preferable, for it allows one to realize proper volumes, being able to enter the position piecemeal, accumulating the volume with limit orders, getting a nice average entry price. A nice tip for anyone with a somewhat decent account size(above 500k USD at least) The spread is less sensitive for you in that case too. But remember, that long term positions can screw you with the swaps costs. Guys, like and subscribe to support the channel! I really appreciate the effort! Wish you all luck in your trading!
Short
by ProSignalsFx
2
Big Lots Inc. - Strong Support Level & Gartley PatternThe price created a large gap and this trading setup suggests that it will more likely be filled. There is a strong daily support level at 46.46, where most of the buy orders are placed. Plus, that is the best area for previous sellers to lock their profits. Those scenarios will push the price up. In addition, the market completed the Gartley pattern that increases the probability of this opportunity. T1 – 38.2% T2- 61.8%
BLong
by Art_of_Trading