6x Risk to Reward Ratio on BXC - Watch for May 1st Earnings
BXC's Risk to Reward Ratio is x6
BXC's May 1st earnings should be watched before deciding a position based on Fib support points.
Recent News
BlueLinx Names Mike Wilson Chief Commercial Officer - April 2nd, 2024
5-Point Inspection by OnePunchman:
Buy Alert done by Fibonacci retracement levels:
BXC's May 1st earnings should be watched before deciding a position based on Fib support points.
Recent News
BlueLinx Names Mike Wilson Chief Commercial Officer - April 2nd, 2024
5-Point Inspection by OnePunchman:
- Free Float shares: 8.3M - Positive
- Cash & equivalents: 521 M - Positive
- Debt: 617M - Positive
- Last Quarter Revenue: 712M - Positive compared to Cash in hand and Free Float
- EPS $5.32 - Positive
Buy Alert done by Fibonacci retracement levels:
- Price: $106.17
- Entire Position Stop Loss: $103.83
- 1st Take Profit: $119.18 (I would sell 100% of my holdings here) - Risk to Reward Ratio is x6
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.