BAH hitting bouncing off long-term support levelNYSE:BAH has been in a steep downtrend since the election. Finally hit a long-term support level ~$107 last week and bounced nicely. BAH has gained ~7% since hitting that level in the face of broadly negative market sentiment and declines in the major indexes. Starting long position in the $110-$115 range.
Aggressive buying scenario: price drifts to < $108 and political headline risk shifts away from DOD, military.
If NYSE:BAH can sustain price >$107, look for next move toward $130.