BigBear.ai, Inc.Long
BBAI still extremely bullish - stand guard though
BBAI is still extremely bullish on all time frames and expecting more upside price action coming days. Technicals and fundamentals are solid, but I would set a stop loss below the green trend line depending when you bought in. If we fall through there, great opportunity to buy back later at a discount.
But looking at current bull power and volume, I don't see that happening soon. The retrace compared to the previous peak/highest high march 5 on the daily timeframe is almost neglectible.
If we break reach $4.82 we'll see a LOT of price action and a breakthrough might mean another big bull run starting.
Given the extreme uptick also be prepared of a potential major correction/retrace.
Not financial advice, trade safe my friends.
But looking at current bull power and volume, I don't see that happening soon. The retrace compared to the previous peak/highest high march 5 on the daily timeframe is almost neglectible.
If we break reach $4.82 we'll see a LOT of price action and a breakthrough might mean another big bull run starting.
Given the extreme uptick also be prepared of a potential major correction/retrace.
Not financial advice, trade safe my friends.
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