BW - Long from current price to 18.23

Largo

Babcock & Wilcox Enterprises, Inc. (NYSE:BW)

NYSE:BW Babcock & Wilcox Enterprises, Inc.

BW LONG

bw long

BW going up forming a fallen-angel patter. We think it has some momentum left to go little further. Moneyflow is accumulating & showing positive divergence. We like a long from current position & our target is just below 61.8% fib level.

You can check our detailed analysis on BW in the trading room/ Executive summery link here-

Time Span: 4:15"
Trade Status: Pending

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