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,...
Nice little consolidation. Hated all year. Huge short percentage. Insiders buys right in here. Do you want to give me your account login info or...?
Stop about 7.25ish Over 8 with some girth and I would expect 9 or 10 to arrive fairly quickly.
* Trade Criteria *
Date First Found- December 5, 2017
Pattern/Why- Fallen angel
Entry Target Criteria- Current price ($7.71)
Exit Target Criteria- $8.93
Stop Loss Criteria- $6.83
Indicator Notes- Very strong Twiggs moneyflow & Strong Volume
Special Note- Some recent insider buying
Please check back for Trade updates. (Note: Trade update is little...
NASDAQ:ARLZIn addition to a clear structured technical formation the company's fundamentals point to an oversold and HIGH value play.
EPS (ttm) 1.10
Insider Own 0.80%
Shs Outstand 21.31M
Shs Float 20.45M
Short Float 51.47%
Market Cap 170.48M
Forward P/E 8.22 EPS
next Y 0.97
Insider Trans 19.69%
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...