Stock short-term appears to be moving in a wide parallel channel between ~3.40 & ~4.0. Trend began about 11 days ago and has been accurate for 10/11. Several small breakouts in either direction, but continues to return to channel. Buy at ~3.40, Stop loss at 3.23 to preserve capital if a breakout occurs in the wrong direction.
Inverse head and shoulders pattern approaching golden cross. Bullish patterns. From a value investing standpoint, utilizing the DCF method, this stocks fair value is over $30 per share...and a great margin of safety well over 30%.
All, This is HUGE news for BLIN. First off they use Salesforce which I am a Tableau Developer and first hand can tell you Salesforce/Tableau are absolute #1 top of the line products. Tableau literally s--ts on Microsoft BI. Make sure to get a good entry on pullback or retest of support I will update later where that may be. Regardless this could be a long hold...
An explanation of why the price of this stock fell.
Bridgeline Digital, Inc. is an information technology company. It engages in the development of iAPPS web engagement management product platform and related digital solutions. The company also enables its customers to maximize the performance of their mission critical websites, intranets, and online stores. Its iAPPS platform provides Web Content Management,...
Members, We have just spotted one of the best technical chart setups we have seen in quite some time. Please focus your immediate attention BLIN (Bridgeline Digital Inc.). This Nasdaq listed cloud services company just hit a Double Bottom, and it's time to load up on shares before the inevitable bullish reversal. We've charted this ticker out, and we are...