Hidden bullish divergence on BGFV expect a strong breakout
www.reddit.com In-depth analysis, can explain better than I can.^^^^^^ But essentially a similar situation to GME was. A highly shorted stock that is debt free, making profit, and other good fundamentals. Currently BGFV is the most shorted stock in the market. The special interest date will be a big event. Whether it squeezes or not, this stock is a great buy....
BGFV in between 27.23/ 28.23/ 29.49 if it can hold these levels the ATH can be retested
$BGFV has the shorts scrambling to cover after guiding higher. Big 5 Sporting Goods (NASDAQ:BGFV) pops after saying it expects to report Q4 EPS ahead of the high end of its prior guidance range ($0.02 to $0.04 vs. -$0.16 to -$0.04 prior view). The retailer also sees full-year EPS of $0.40 to $0.42. Sales breakdown: Sales in the company's apparel category...
Retailers have been good to me over the last year and a half. It shouldn't come as a surprise that I've found solace in the retail space given my investment style. I like to find best of breeds in the most beaten down industries in the markets. BGFV is one of those. The company has increased nearly all margins over the last three years while increasing ROA, ROE,...
I normally wait for a candle reversal, but this looks really good. Lots of volume, price is stalling at a key area of support...former resistance that marked the top of wave 1 in previous impulse wave, now acting as support Connors RSI ( yellow Squares ) registered it's lowest since November indicating extreme oversold. (Check out previous low readings...