BGI BUY IDEA DEC 8thLooking at the build-up of demand as price enters the 50-61.8% Fibonacci retracement. These retracements represent significant points of structure where reversals are most likely to take place. This is the logic we followed for our initial buy at the 78.6% retracement line.Longby WayneKigen1
Idea for next weeks BGI Possible Entry for Long run, BGI is getting closer and closer to the 2.77 support which could cause great buying oppoturnity. Volume gained Last days - positive 1h macd - positive 1hr rsi - oversold - positive GLHFLongby RybkarybkaUpdated 2
BGI: Ascending Triangle (79%), WeeklyBirks may have a mid-long term wun up if this ascending triangle confirmes. Must first break the 4.50$ resistance barrier. If confirmed: Price target = 8.06$ Stay humble, have fun, make money!Longby LeLaf4
BGI Looking To Shine In Reopening TradeBIG Gap up on July 1 after news that BGI reopened in Canada. But now it's at some interesting levels. The 618 fib has acted as support/resistance for a while. Since BGI broke above that, we need to see if it can hold. Next minor resistance seems to be around the .5 Fib then more major at the 382 fib. This 382 level is an area that BGI seems to have had a tough time breaking through. It has tested it but failed more times that succeeded to break through it and hold. "Clearly, retail is broad, but there are a few names that come to mind. First, luxury brands have taken a focus as consumers have come out of hibernation with fresh capital. Jewelry companies like Birks Group (NYSE: BGI) have gained attention in the market. Birks operates jewelry stores across Canada. As of June 30, 2021, the company said it operates twenty-nine retail stores. It also has its fine jewelry collections available through other companies in the UK and US, including Mayors Jewelers and SAKS Fifth Avenue locations. This week Birks announced that it opened all of its Canadian stores, helping give it a boost in the market." Quote Source: Best Penny Stocks To Watch Now? 10 Top Epicenter Stocks For Your Listby PennyStocks1011
🟢 NEW POSITION $BGI Target 4.15 for 30.5% (Higher risk)🟢 $BGI Target 4.15 for 30.5% Or double position at 2.21 Alright... I'm just trying to ride up with momentum the volume here... Be careful if you take this one... — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading. I finally added my YouTube Training Video to my profile tagline since I’m not allowed to on here. It’s a quick 15 minute training video on how to set up your chart and how to spot opportunities. So check here first but If you have questions just message me. Longby SPYder_QQQueen_Trading1
keep it on your watch list!Possible move:100%+ Reward/Risk: 10(R/R>3 is Ideal) Time frame: 1-4 wks This is just my technical view, not a fundamental comment..! I can make you confused by a crowded messy chart, but I would rather simple effective presentations..!Longby MoshkelgoshaUpdated 8
BGI: Bullish Flag, awaiting confirmationBullish Flag, awaiting confirmation Pros: Descending volume during formation Volume at break out PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 5 250RSI above 50 200MA ascending Target: PT = 4.68$ Thank you to those who donate Coins! Stay Humble, have fun, make money! Longby LeLaf4
$BGI - Weekly. Ready to explode!! In Break mode.Loading here .....Potential Break! 4-5,50$ Not impossible next days! #LowFloat STAY TUNED Guys BuddySavLongby BuddySav332
$BGI - scap play has 30-50% upside potentialcheck entry and target zones in attached chart. Stop Loss: .65Longby ram10kkUpdated 0
BGI: LOOKING FOR A BREAKOUT TO THE UPSIDEBGI is in the middle of a corrective structure. I'm expecting a breakout to the upside. Potential gain above 60%. Longby cantestogo3