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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:

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

OnePunchMan91

How to trade OnePunch ALGO Scalper watch this video youtube.com/watch?v=5dU82w5Xb0Q

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Give it a Try.