I imagine another higher low to be printed on this chart for BSET on this weekly timeframe. Just as the previous higher low was printed. Bull continuation can then proceed.
All, I think this is a tight stop loss buy here and hold it for at least 15-30%. No debt, PTs 25-35, sales and EPS killing it, P/S 0.36 and P/E 9.16. Pretty nuts actually. Surprised their PT is so low. I would think 45+.
BSET: Bassett Furniture Industries, Incorporated 2021-07-15 09:00:00 Bassett Announces 12% Increase in Quarterly Dividend & Increase to Share Repurchase Authorization
Is this the next $HOME? Another furniture play. Price moving strongly off important $5.00-$5.50 level which is also a .786 retracement of the move up off the April lows. All oscillators looking strong to me, momentum clearly favoring the bulls. Depending on how you draw the descending channel, the breakout is either imminent or has already occurred. Moving...
BSET has been on raising trajectory for the past few years. It looks like top is on the daily charts. I think it is a rectangle top, however, you could classify it as a head and shoulders. The chart has broken a trend line and attempted to re-attack the trend line. The MACD is breaking down on the weakly chart and rolling over on the monthly. Stoch RSI on the...