$NYSE:BBAI Double and Triple Bottoms with positive indicators
Thanks to Money_Wins_Honey for getting this on my radar.
BBAI is showing double and triple bottoms in the weekly as well as daily chart. The price targets are $8.43 and $12.96.
Here are my positives that support this trade:
Entry Points:
Exits:
Double Bottom PT - $8.43
Triple Bottom PT - $12.96
Good Luck!
BBAI is showing double and triple bottoms in the weekly as well as daily chart. The price targets are $8.43 and $12.96.Here are my positives that support this trade:
- The volume has been really going through the roof
- Williams %R it tracking higher lows
- It's in the AI space so it's HOT right now
Entry Points:
- Higher Risk - Now, and place a stop below $3.00 (that's the current shelf that's being formed)
- More conservative - wait until after breaking the double bottom resistance line (closing above $4.81)
Exits:
Double Bottom PT - $8.43
Triple Bottom PT - $12.96
Good Luck!
Trade ativo
Opened a position 3.50/share X 50k shares
I'm not a financial advisor and I'm not offering investment advice. Please consult with your own financial advisor prior to making investment decisions!
Good luck and I'm always happy to hear from you.
Good luck and I'm always happy to hear from you.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
I'm not a financial advisor and I'm not offering investment advice. Please consult with your own financial advisor prior to making investment decisions!
Good luck and I'm always happy to hear from you.
Good luck and I'm always happy to hear from you.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.