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Stock Market & Financial Investment News

News Breaks
November 19, 2012
10:34 EDTBGFVBig 5 Sporting rises above its 10-day MA, new bullish pattern now active
The shares are up over 6% today, recovering from a relatively brief consolidation period following a very strong up day on November 2nd. This consolidation phase, resulting in a bearish price channel, now appears to be a bullish flag on the daily chart. The pattern became active today when shares broke out above the top of the channel at the $13.25 area. Upside potential for this bullish flag pattern, if it remains active and completes, is to the $17.50 area. The pattern would no longer be active on a move below $13.25, and would be voided on a break below the prior bearish price channel at the $12.50 area. Support is at the 10-day, last at $13.15.
News For BGFV From The Last 14 Days
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February 24, 2015
16:07 EDTBGFVBig 5 Sporting reports Q4 SSS down 0.5%
16:06 EDTBGFVBig 5 Sporting sees Q1 EPS 6c-13c, consensus 15c
Big 5 Sporting expects same store sales to increase in the low to mid-single-digit range in Q1. It said, "First quarter guidance reflects uncertainty regarding product availability and sales as a result of the tentatively resolved labor dispute at West Coast ports."
16:06 EDTBGFVBig 5 Sporting reports Q4 EPS 13c, consensus 16c
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