BBAI may move higher from deeply oversold LONG

BBAI fell on an earnings miss on Thursday, March 7th. The downtrend of 30% was a

slow flush. Penny stocks are volatile, to begin with; this one is in the hottest of subsectors.

Price is in the hard oversold area just below the first lower VWAP line on this 15-minute chart

which is acting as resistance. the RSI lines are in the 30s-40s showing the price weakness. A

predictive forecasting algo from Luxalgo suggests move up.

I will buy this weakness on the prospect things will improve. I will take a long trade with tiered

targets on the chart. partial closures of 25% , 50 and 25% respectively with the targets shown on

the chart. The stop loss is 2.00 just below the current price. The entry will be a limit order /

buy stop set for 2.5 It is selected as a POC line crossover on the volume profile.

The trade is to be managed with partial closures directed by alerts and notifications as well as

a trailing stop loss of 5% once the price gain has reached 10-15%. This minimizes effort and

screen time so that they can be spread across a wider variety of trades.

การซื้อขายยังคงดำเนินอยู่:

Scooping from the bottom of the high volume area looking to target its top.
May have NVDA tailwinds.