Yesterday, I pointed out this flag pattern forming on BGS on the 65m timeframe. BGS had broken out and had been consolidating tightly. This was a potential short squeeze candidate as BGS has a 26% short interest. I was looking at buying this stock above 19.30 and the trade triggered right at the open today.
Entry - 19.49
Stop Loss - 18.48
Target - 25
After buying BGS this morning, BGS had an nice run all day and closed near HOD. I moved up my stop loss at the close to 19.40, right under the gap up.
Entry - 19.49
Stop Loss - 18.48
Target - 25
After buying BGS this morning, BGS had an nice run all day and closed near HOD. I moved up my stop loss at the close to 19.40, right under the gap up.
Trade fermée: ordre d’arrêt atteint
I had moved my stop loss to 19.40 (under the gap) and got stopped out today.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.