Hidden bullish divergence on BGFV expect a strong breakout
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
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....
Use the levels on the chart as your support and resistance!
Strong 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!
short float is very high, end of month short squeezes, good candidate
Bars pattern trace of GME's squeeze overlayed on BGFV's recent squeeze to see if there's a correlation. Maybe.
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...
Watch for the breakdown. Nice retrace from 0.886. See what we get.
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.
BGFV valuation likely big returns near trend base low P/E median 50% price increase
Based on volume price movements,I expect BGFV will go up Take Profit: 34.7 Stop Loss: 23
$BGFV 4 months cup with handle - acting very well in the last few days trading right above its 50 MA and tightening up very nicely. Volume drying up quite a lot is what caught my attention. Good indications supply not coming to market any more.
Wow, look how cheap this stock is. I'd defiantly buy some and hold for a while bc theres going to be WW3 and defense stocks are going to soar. I hope yall know how to take care of yourself in the storm. ANYWAY Price action and vortex5 and macd divergence.
Fairly obvious pattern formation has formed. Now we just wait for the breakout. - Bullish moving average alingment - Bullish fundamentals - Bullish chart pattern established - Largest short interest in the entire stock market
BGFV in between 27.23/ 28.23/ 29.49 if it can hold these levels the ATH can be retested
NASDAQ:BGFV Possible Scenario: LONG Evidence: Price Action, TP1: 32$ 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%.