BWEN
$BWEN Potential Exit Eyed at 5.7/share: LONGWith an average cost of 3.56/s on BWEN, the targetted sell range is a temporary previous-high (roughly) at 5.7/s.
That said, trends are not supporting this run. Potential EXIT @ 3.40.
This is currently targetted as a LONG to match the traceback to these lower levels, preying on a full-correction to that mark.
This is quite far from the most profound analysis this trader provides, but it is a brief touch on a LONG, if nothing else.
HAPPY TRADING!
-BDR
BWEN - Trend Bullish After CorrectionBroadwind Energy, Inc. is engaged in the manufacture of structures, equipment, and components for clean tech and other specialized applications. It operates through the following business segments: Towers and Heavy Fabrications, Gearing, Process Systems, and Corporartes. The Towers and Heavy Fabrications segment manufactures towers for wind turbines. The Gearing segment engineers, builds, and remanufactures precision gears and gearing systems for oil and gas, wind,mining, steel, and other industrial applications. The Process Systems segment provides contract manufacturing services, including build-to-spec, kitting, fabrication and inventory management. The Corporate segment covers the assets; and selling, general, and administrative expenses. The company was founded in 1996 and is headquartered in Cicero, IL.
SHORT INTEREST
28.18K 08/30/19
P/E Current
-1.22
P/E Ratio (with extraordinary items)
-2.00
Average Recommendation: OVERWEIGHT
Average Target Price: 2.28