BECN- Is a Rising channel pattern. Which has consolidated into a bear flag. Money flow is negative. Large 33% insider sale near current market price on Aug 10th.
The PEAD projected a neutral outlook for $BECN after a positive over reaction following its earnings release with it placing the stock in Drift B
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Hey guys, BEACON ROOFING SUPPLY is in a bullish movement with large buy volume issued and hammer candle shape. The TIMEFRAME M1 makes us see a marubozu with a low volume of purchase she goes to the VWAP that she is going to break. To then test the stabilization zone, there is a high propability to breakout the zone to join another. Then go to the previous last...
still in consolidation mode for now, but over 40/44 resistance zones we can see impulse buying that takes it to 52w highs. im looking for a long once i see the confirmation :) gl !
- large debt
- potential large number of expensive materials blocked in wearehouses
- logistics and technical teams waiting on the side road for a hitch hike... ok ... enough said...
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What, they miss on earnings and? I'm guessing even if the news or whatever was good, it'll be a battle between technicals and fundamental hype. Open to reversal if we explode through resistance.
$BECN another name hit with higher rate fears but should have tailwinds with spending from hurricane and infrastructure rebuild. Insiders have been buying recently as well. Was $66 just earlier this year. Bargain bin. I am a buyer here.
after 3 years of gains BECN had a massive drop of almost 42%. The stock has spent the recent weeks on a good support level but no value buyers have stepped in. i want to some more blood before buying
Timing = 1 ( i think the overall market is likely to drop abit so this stock could drop some more)
Volume = 0 (volume was big on the selloff and it went quick so i...
Hi guys just testing some different indicators and settings for momentum squeeze setups if you have any preferences i would be happy to here them thanks. i am only looking at the bigger time frames where momentum is squeezed on at least two tf's eg weekly and daily like this one and daily - 4hr etc. Currently running cogchannels and mtrend squeeze with default...
