Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital, mission operations, and cyber solutions to governments, corporations, and not-for-profit organizations in the United States and internationally.
Here is a company with positive margins , lots of free cash flow and I think that although we did break trend-line support , there is a good potential of a reversal up from here . I have set my stop under previous low and intend to trade this as a trend following setup.
Once/if we exceed 2X risk I will adjust stop to break even and move up my stop from there .