══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...
Bentley Systems ( NASDAQ:BSY ), a leading provider of engineering software, is currently exploring various options in response to acquisition interest from potential buyers. Sources familiar with the matter have revealed that the company, which currently boasts a market value of approximately $15 billion, has received attention from a number of firms including...
Insider Confidence and Leadership Insight: On January 25, 2024, Gregory Bentley, the Chairman of Bentley Systems ( NASDAQ:BSY ), demonstrated a resounding vote of confidence in the company's future by purchasing a substantial 64,787 shares, valued at an impressive $3,291,827. Such a significant insider investment, revealed through a Form 4 filing with the U.S....
Last attempt to break DT following stellar earnings was thwarted by war. A SAAS infrastructure play came to market late 2020, underfollowed +ve EPS > 1 billion revenue
Market just finished complete Elliot wave 1-5 with an ABC correction, we are back at the buy zone, which market created with an institutional candle back when in it's beginning. Aroon: Orange line crossed the blue one in the daily time frame which already shows that we are heading bullish direction. MACD: Shows gain in the Bullish momentum we need to wait for...
BSY- Bentley Systems 1bln revenue/ profitable software $IGV IPO'd 2020, stuck with unprofitable names in sector slide. Long term trendline break looming w earnings March 1st.
Low teen P/S and positive OM/Profit Margins sucked in with rest of growth. Omniverse Metaverse w NVDA AND MSFT. Siemens AG owns big chunk, played in IPO after sell didnt go through. Siemens pension holds new 25% of BSY as of end Sept, largest hold in fund.
Not seeing a whole lot of charts tight on that right hand side. I'll leave you with $BSY for tonight. Like how it is setting up that base on the 50 MA. Can't not notice that big volume sell at previous high but its quitting down nicely. Need to close above $65.
Bentley Systems held up the 50 MA like a champ in the face of onslaught of selling in IT stocks. The volume pattern shows healthy buying interest that could send the stock breaking out of its down slopping trend line this week. Bentley Systems Class B (BSY)- DEVELOPS SOFTWARE USED TO DESIGN AND BUILD LARGE-SCALE INFRASTRUCTURE PROJECTS.
IPO intraday trading strategy idea Bentley Systems provides infrastructure engineering software to clients worldwide. The share price is rising and gonna continue this trend today. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price today. So I opened a long position from...