mdd100

BIG - bull flagging

Long
NYSE:BIG   Big Lots, Inc.
BIG 1-2 Week Horizon

BIG - bull flagging. Price currently at 21ema and EMAs seems to be holding regardless of the sell offs going on with most of the market the past few days. MACD lines and histogram seems to be maintaining its bearish momentum and volume is low. Stochastics at oversold level. With all the selling pressure going on with the market plus ER this week, keep stop loss tight.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.