BBAI fell on an earnings miss on Thursday, March 7th. The downtrend of 30% was a
slow flush. Penny stocks are volatile, to begin with; this one is in the hottest of subsectors.
Price is in the hard oversold area just below the first lower VWAP line on this 15-minute chart
which is acting as resistance. the RSI lines are in the 30s-40s showing the price weakness. A
predictive forecasting algo from Luxalgo suggests move up.
I will buy this weakness on the prospect things will improve. I will take a long trade with tiered
targets on the chart. partial closures of 25% , 50 and 25% respectively with the targets shown on
the chart. The stop loss is 2.00 just below the current price. The entry will be a limit order /
buy stop set for 2.5 It is selected as a POC line crossover on the volume profile.
The trade is to be managed with partial closures directed by alerts and notifications as well as
a trailing stop loss of 5% once the price gain has reached 10-15%. This minimizes effort and
screen time so that they can be spread across a wider variety of trades.
slow flush. Penny stocks are volatile, to begin with; this one is in the hottest of subsectors.
Price is in the hard oversold area just below the first lower VWAP line on this 15-minute chart
which is acting as resistance. the RSI lines are in the 30s-40s showing the price weakness. A
predictive forecasting algo from Luxalgo suggests move up.
I will buy this weakness on the prospect things will improve. I will take a long trade with tiered
targets on the chart. partial closures of 25% , 50 and 25% respectively with the targets shown on
the chart. The stop loss is 2.00 just below the current price. The entry will be a limit order /
buy stop set for 2.5 It is selected as a POC line crossover on the volume profile.
The trade is to be managed with partial closures directed by alerts and notifications as well as
a trailing stop loss of 5% once the price gain has reached 10-15%. This minimizes effort and
screen time so that they can be spread across a wider variety of trades.
交易進行
BBAI is oversold and the AI sctor may be experiencing a rotation. PRice is at the bottom of the historical high volume area of the past 1 1/2 years. I see this as a good entry for another logn trade. The risk is high; the reward could be 100-200%.I will set a stop loss of 50% and take a small position.
註釋
Stop loss 0.75 T1-2.50 T2-3.50 T3- 4.25 ( 25%, 50%, 25% respectively)交易進行
Solid move today with patience rewarded.免責聲明
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。