This stock found under Value Investing strategy.
Profit margin % increasing it's a good indication for this company, Debt/Eq 0.
Small correction may happen but overall It's the very best stock for long-term investment.
BDL is moving currently trading in a channel pattern. As when as it falls and reaches to its support zone and support of trendline as well, we can see bullish momentum if it performs the way we think.
(for educational purpose only, do your analysis before investing)
Price action shows there is an accumulation going on in the stock and it is respecting the support line(Trend line) very well once the resistance is broke we may see a good upside move.
Now, talking about the fundamentals .
Company is almost debt free.
Company is expected to give good quarter
Company has been maintaining a healthy dividend payout of...
HOW TO FOLLOW ALGO SIGNAL:
1.Strictly use only on 1 hour time frame.
2.Wait for a ‘X’ sign before mind make up. A red ‘X’ means look for selling opportunity , a green ‘X’ means look for buying opportunity.
Taking a position:
3.Wait for an arrow before entering into any position. A red arrow on upside of a bar pointing downward means open...
BDL #Closing 459.65#TradingDesk#3BarDecider
Active or Non Active : Tradeable (As Its low less than Previous close +Previous close*1%)
Not Active Stock Idea : Not Tradeable (As Its low is more than Previous close +Previous close*1%)
Success (As next few days High is more than previous close + Closing*3% nd more & stop loss not...