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Bluelinx Holdings Inc.Bluelinx Holdings Inc.Bluelinx Holdings Inc.

Bluelinx Holdings Inc.

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BXC trade ideas

6x Risk to Reward Ratio on BXC - Watch for May 1st EarningsBXC's Risk to Reward Ratio is x6 BXC's May 1st earnings should be watched before deciding a position based on Fib support points. Recent News BlueLinx Names Mike Wilson Chief Commercial Officer - April 2nd, 2024 5-Point Inspection by OnePunchman: Free Float shares‪‪: 8.3M‬‬ - Positive Cash & equivalents: 521 M‬‬ - Positive Debt: 617M‬‬ - Positive Last Quarter Revenue: $712M - Positive compared to Cash in hand and Free Float EPS $5.32 - Positive Buy Alert done by Fibonacci retracement levels: Price: $106.17 Entire Position Stop Loss: $103.83 1st Take Profit: $119.18 (I would sell 100% of my holdings here) - Risk to Reward Ratio is x6
NYSE:BXCLong
by OnePunchMan91
Bluelinx Holdings going Red. BXCGoals70, 65. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
NYSE:BXCShort
by Rykin_Capital