BGFV trade ideas
BGFV GME 2.0 MASSIVE SQUEEZE COMING!!!www.reddit.com
Please refer to the reddit post for more info^^^^^
According to iborrowdesk.com There are only 300 shares available to be shorted and on top of that borrow fees have risen to 7.8%.
You know what that means SHORT SQUEEZE
GME 2.0????????? BGFV SQUEEZE!?!?!?!!!!www.reddit.com
In-depth analysis, can explain better than I can.^^^^^^
But essentially a similar situation to GME was.
A highly shorted stock that is debt free, making profit, and other good fundamentals.
Currently BGFV is the most shorted stock in the market.
The special interest date will be a big event.
Whether it squeezes or not, this stock is a great buy.
But volatility is increases a short is imminent and it's becoming more volatile.
Before earnings report it pumped 70%.
What do you think does this have the potential to squeeze????
Will we see $100+???????
Let me know, whatever happens it will be very interesting!!!!
Big Five - bullishStrong financial statements
Price is consolidating at the ATH (followed by a flat - weekly frame)
H4 pattern - an expanded flat, wave C = 1,619 wave A. And a small impulse up - may be an early signal of trend continuation.
Small risk, huge reward potential.
Good luck!
Comparing GME squeeze with BGFVBars pattern trace of GME's squeeze overlayed on BGFV's recent squeeze to see if there's a correlation. Maybe.
BGFV setting up for a major short Oddly enough C-19 provided a huge net boost to earnings to certain small retailers temporarily raising their net margins far beyond what they normally do. Eg. BGFV historical net margin was 0-3% and is now sitting at 9%. I believe this is only temporarily due to increased demand for certain goods last year which in following years will have decreased demand of these goods averaging things out. If there is a contraction like I expect we should see a overreaction to the downside just like the current overreaction to the upside. I estimate the actual fair value could be in the $10-$20 range but think the stock will go a lot lower.
Implied volatility is way to high to short with options right now so I am waiting until I can get a favorable entry. Eventual target $8 or below, where I will become a buyer again.
There are plenty of other stocks with similar setups.
BGFV: quick repeat? I can't post charts with higher resolution, so you are going to have to take my word for it. BGFV is repeating the patterns it did a few days ago, before it took off. It's easier to see on the 1-minute scale. This *might* be a good day for it.
LONG BGFV BIG+% returnsBGFV valuation likely big returns near trend base low P/E median 50% price increase
BGFV ready to jumpBased on volume price movements,I expect BGFV will go up
Take Profit: 34.7
Stop Loss: 23
$BGFV 4 months cup with handle$BGFV 4 months cup with handle - acting very well in the last few days trading right above its 50 MA and tightening up very nicely.
Volume drying up quite a lot is what caught my attention. Good indications supply not coming to market any more.
BGFVWow, look how cheap this stock is. I'd defiantly buy some and hold for a while bc theres going to be WW3 and defense stocks are going to soar. I hope yall know how to take care of yourself in the storm.
ANYWAY
Price action and vortex5 and macd divergence.
Advanced Stages of Cup and Handle - Big5Fairly obvious pattern formation has formed. Now we just wait for the breakout.
- Bullish moving average alingment
- Bullish fundamentals
- Bullish chart pattern established
- Largest short interest in the entire stock market
BGFV LONG? All time high retest?
BGFV in between 27.23/ 28.23/ 29.49 if it can hold these levels the ATH can be retested
Long | BGFVNASDAQ:BGFV
Possible Scenario: LONG
Evidence: Price Action,
TP1: 32$
TP2: 34.5$
Call options, strike 25$, 10/15/2021.
Call options, strike 35$, 01/21/2021.
*This is my idea and could be wrong 100%.
BGFVBGFV long candidate for short squeeze with over 40% excellent fundamentals and setups is perfect need to hold above 30 but I believe will retest 29$ range entry 29-30 stop loss 27.5 exit complete out of position between 33-38
BGFV up 50%+ before Oct 15th 2021Heavily shorted and increasing short float.
Stock in an uptrend.
Before Oct 21, we should see an increase of at least 50% as some shorts cover.
Using options so no SL set
Target for exit is roughly $32
BIG FIVE RShorted up and down, round and round,
Big Five has some lazy shorts trapped below.
Buy High because the greater fool is trapped below in a smoldering short position
BGFV getting ready for a Short SqueezeBGFV has a short float of 40%.
Just broke resistance trend line with strong volume
BGFV is trading sideways and is ready for some gainsNASDAQ:BGFV is about to post some gains, I today to be the last pullback before rise again to test the rest highs around 35$. Anticipated price action and targets are shown on the chart, stop loss daily close below 24$.
Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
