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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