STOCKWATCH $BWwith the moving average starting to level out for 50 days and the volume weighted price also beginning to level out price will begin to magnetise as price rises volume will increase a swing Trade is on the cards
BULLISH
BW trade ideas
Babcock & Wilcox Enterprises, Inc | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Babcock & Wilcox Enterprises, Inc
- Double Formation
* Cup & Handle | Entry Area | Survey Settings | Subdivision 1
* 3.40 USD | Flag Structure | Pivot Point
- Triple Formation
* Top / Bottom Structure | Downtrend Bias | Subdivision 2
* Flag Structure At 1.80 USD | Trend Continuation
* Behaviour & Entry | Daily Time Frame | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
Perfect setupPerfect setup, we have RSI at sub 30. We have the stochastic at the bottom and also the 0.618fib support. We have trendline support and decending wedge that wants to explode to the upside like a spring. We should see 1.67 soon and this is the forst target
Clear as DayThis pattern is clear as day, only a fool will not bet on this. We still have risk but the odds are in our favour. Lets make the 200% gains
Explosive mooves comingWe are gonna see a explosion to the upside soon. We will climb back to 4.2$ and squeeze all the shorts. It is about 3 months to the big payday. Oversold stock about to skyrocket
$BW ~ Interesting after correction...Beautiful EW structure and now that a five wave structure on the upside, we should have the direction of the trend. Will need to wait for correction to complete then maybe a interesting opportunity in the industrial sector.
BW big base - big potential opportunity1. Nice rally on EPS report;
2. RS-line showed strength, meaning that the stock is Relative Strong and started to move before market bottomed.
3. Nice tight bull-flag. Still within bigger base but first constructive price action since basing started a year ago.
BW: Not entering this trade
Entry- $7.35-$7.50
S.L- $6.62
T.p- $9.33-$9.67
Going long on Weekly Chart
It is not trading advice , do your own Research
Long?Energy and environmental technologies and services for energy and industrial markets worldwide.
The company trades below fair value based on fundamental analysis. The company is profitable, with quarterly revenue growth expected. Upside is 50-60%. Trend formed, look for breakdowns.
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Stock trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Babcock & Wilcox Environmental Awarded Contract for ApproximatelBW: Babcock & Wilcox Enterprises, Inc.
2021-10-28 06:30:00
Babcock & Wilcox Environmental Awarded Contract for Approximately $30 Million to Supply Emissions Control Technologies for U.S. Industrial Facility
Babcock & Wilcox Renewable Awarded $35 Million Contract to SupplBW: Babcock & Wilcox Enterprises, Inc.
2021-09-27 06:30:00
Babcock & Wilcox Renewable Awarded $35 Million Contract to Supply Waste-to-Energy Technologies for Facilities in Greenland
BW - What a beautiful Weekly chart
Weekend preperation and discovery. I love it when I find something as beautiful a BW on the Weekly time frame. I looked through about 300+ charts today and found 22 that I fell in love with for April.
Explanation:
Focus is the stochastic indicators, mainly the middle and bottom one. The top stochastic is my signal with a shorter setting. It shows me direction and confirmation for trade execution. The idea is to find charts that have stochastic that angle like the one in BW, almost like the stochastic wants to jump out of the indicator and move into the chart. Extremely good and pronounced BULLISH DIVERGENCE.
Price continues to try to move down, while momentum continues to move to the upside. Bullish divergence, trend reversal and dollar signs. I boxed the angle/shape on the stochastic. Hope ya'll enjoy.
Top - Stochastic signal
Middle - Stochastic 14
Bottom - Stochastic 21
Babcock & Wilcox Enterprises, Inc. Channel Break Imminent Babcock & Wilcox Enterprises, Inc. engages in the provision of fossil and renewable power generation and environmental equipment. It operates through the following segments: Babcock & Wilcox, Vølund & Other Renewable and SPIG. The Babcock & Wilcox segment focuses on the supply and aftermarket services for steam-generating, environmental, and auxiliary equipment for power generation and other industrial applications. The Vølund & Other Renewable segment offers steam-generating systems, environmental, and auxiliary equipment for the waste-to-energy and biomass power generation industries, and plant operations and maintenance services for full complement of systems and equipment. The SPIG segment comprises custom-engineered cooling, environmental, noise abatement, and industrial equipment along with related aftermarket services. The company was founded by George H. Babcock, Stephen Wilcox, Jr., and Joseph P. Manton in 1856 and is headquartered in Barberton, OH.
GoNoGo Charts sees bullish move for BW This is a great chart! Babcock and Wilcox Enterprises exploded into a “Go” trend on the 11th of May after having been hit really hard by the bear market we’ve been in.
Price consolidated in a pennant pattern after the initial move but looks to have broken out of the pattern to the upside.
It is encouraging that on the break, the GoNoGo Trend indicator has painted its first bright blue bar indicating the most bullish environment for the stock.
EW count for BWThis is up on some debt refinancing news. Chart looks bullish to me. Could get all the way to 4 on the next run. Right now in a corrective pullback.
BW explodes they have to be doing something rightI would keep your eye on this one it just exploded for a 44% gain in one day. I have no clue what to say but I know it will be on my watchlist.
