BBX Capital inc. together with its subsidiaries, engages in the acquisition, development, construction, ownership, financing, and management of real estate and investments primarily in Florida. The company operates through BBX Capital Real Estate, BBX Sweet Holdings, and Renin segments. It also invests in real estate joint ventures, including multifamily rental...
So sure it's just dumped 10% but hear me out Look at the RSI! This has been a long crazy consolidation - it's approaching an energy point and strong support and it's gotta girate to pump up teh RSI (similar to BBs here) so that it can move up without too much rtesistance - this is a PA-driven rise, not FA, becuse no results for a while. But it is definitely...
BBX is facing a lot of resistance at $9.12. There's a lot of buying interests at this level. The volume is increasing however the CMF has yet to turn up positive. If we can manage to break the $9.12 resistance with conviction, we should be able to see BBX return to the All Time High at about $10.96. We can see that the prices have fallen below the Standard...
Make sure to pay attention to the Volume as well when you consider buying. There is no reversal Candle in sight so far and the preview Earning showed strong increase to the stock. It's a potential long buy too.