We enter BBAI at $5.11 look for confirmation above the $5.20 which we expect to confirm support after consolidation of this morning's breakout (if it even recedes from this point), with a price target of $8.35 which would provide the potential for a ~65% Gain on the potential trade and continuation. We have a stop set for $4.06 on the trade.
This comes after the company announced deploying their Biometric Software at Major US Airports & Ports of Entry, which helped prop up the company's stock to push back to those potential highs to retest the $10.49 even. No company-specific information has been released in the past week.
This comes after the company announced deploying their Biometric Software at Major US Airports & Ports of Entry, which helped prop up the company's stock to push back to those potential highs to retest the $10.49 even. No company-specific information has been released in the past week.
Trade active
Purchased another 100 Shares at these $4.80 price levels after the stock unexpectedly broke support at that $5.20 price level of previous resistance which we believe is what drove the price down to these $4.70s-$4.80s, providing an even better entry to gather more shares, sit, wait and see what tomorrows open brings to determine if we hold or let go. 
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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.