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wolfstreetswinger
Apr 11, 2018 12:07 AM

Breakout  Long

Blue Bird CorporationNASDAQ

Description

Keep an eye on this one for a juicy breakout target looking at $26-28+
Comments
Coin_Mono-poly
That's a pretty strong resistance level at $24, its been holding for over a month. I have to look at a wider timeframe to check this out thoroughly. It has significant increases when earnings are released too.
wolfstreetswinger
@Coin_Mono-poly, Hi Thanks for your valued input. True the 24 area looks strong resistance may not breakout, but look at the accumulation since it hit $24 must count for something in my opinion. The strength of the resistance is kinda why i believe it will be a strong breakout if it does go. cautionary one though need a nice clean breakout to get involved.

Ozzy
This looks nice
wolfstreetswinger
@Ozzy, sure does but don't know if i'm seeing this right dropped 19% in ah to 19.45 before going back to 24
wolfstreetswinger
@wolfstreetswinger, most likely very low volatility in ah I assume
Ozzy
@wolfstreetswinger, rejected a B/O its gona try again lol
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