Really think this is a true long term fundamental hold. Loaded these bags around $5.65 and I love this chart. Everything is telling me we will see $20.
Senior housing is a solid play no matter how you look at it. Adding more if dips.
Once we breakout - lights out. 200-250% run as all the boomers return to nursing homes.
How to become a genius stock picker?
Step 1: close your eyes
Step 2: make up a 3 letter word that you cant pronounce
Step 3: find it in your ETrade or Robinhood or whatever the fuck you use account
Step 4: spend you life savings on it (better do some call options)
BKD is beginning to form a head and shoulders pattern. The left shoulder has been formed and the head is formed on the left side. If the pattern continues (yellow) then enter on the short side would be at 4.23. There are two exit points on this trade. The safest exit is at 4.04 and an extended exit on high volume would be at 3.85. The stop-loss is at 4.36...
This is my analysis of NYSE:BKD . It has been in a accumilation phase and make higher lows. We have clear divergence on RSI and MACD plus we are at a support line. With good R/R we have targets to the top of the range and above.
This is not financial advice and it is only meant for education. I am not responsible for any loss you have from trading...
There are a few names popping up on my radar for earnings plays, but when I "look behind the curtain," they aren't that attractive ... .
TEVA, for example, announces on Monday, but it's an ADR, so it could be before market open or after market close or, indeed, not at all, but on some other day. It's tough to put on a volatility contraction play when you don't...