BAH recently fell after missing earning expectations, though the results were quite decent. It is currently sitting at 57% of 52 Weeks high. Seems oversold. Its AI products are going to contribute significantly to future revenues. Recently on June 16th, it won a DoD contract worth $96.07 million. Plus, the SMA (10) is finally crossing above SMA (50).
First target (A) seems to be $115 ish. If it breaks that resistance, 2nd target (B) seems to be about $122+.
NFA, just sharing my learning. :)
First target (A) seems to be $115 ish. If it breaks that resistance, 2nd target (B) seems to be about $122+.
NFA, just sharing my learning. :)
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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.