B & G FOODS INC

NYSE

BGS

wave 3. This should be sweet.

This is how I play this stock

BGS has great financials and to top it off, they offer a 7% dividend yield. What stops you from buying? Any cons to this?

BGS: B&G Foods, Inc. 2018-09-12 18:00:00 Hershey to Acquire Pirate Brands From B&G Foods

I "Loaded Up" on BGS Watching for beginning of Gap Fill @ $30.55 In the mean time, I can enjoy the Dividend.

good earnings good technicals

As it seen there is a strong support in dowside, suggesting to speculate in up direction.

Looks like it's going to bounce and head to the nearest resistance.

A better support is hardly to be found. Trendline 2 sliding and 1 falling channels are supporting at this level.

Yesterday's rise has been retraced sufficiently. It may get up again.

BGS

Check chart

It appears BG has some unfinished business to attend too. After opening a window to lower price levels it now appears to be attempting to close the window it open, note arrow. Windows can be used as support, resistance, and price targets. After re-testing the bullish breakout from the triangle pattern, higher price levels could be ahead for BG. Note...

I believe BG is a Short

Let 'er run

Trade Logic: Up trend & major Support break down Entry: 62.75 -62.83 Target: 57.27 Stop-Loss: 64.09 Option: July16, 60 Put & Oct16, 60 Put

NYSE:BG 05JUN16 - Stock looks like it is going to reverse at heavy resistance / trend channel that is in confluence with the 0.5 fib level at $69 and is heavily overbought on the RSI (80). Entry criteria: Long Position - Breakout from the downward price channel and a base of support at $69. Short Position - If we get confirming bearish candlestick formations...

BG