B&G Foods, Inc.
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Diupdate

Trade Journal: Long $BGS - 4/28/2020

157
Yesterday, I pointed out this flag pattern forming on BGS on the 65m timeframe. BGS had broken out and had been consolidating tightly. This was a potential short squeeze candidate as BGS has a 26% short interest. I was looking at buying this stock above 19.30 and the trade triggered right at the open today.

Entry - 19.49
Stop Loss - 18.48
Target - 25

After buying BGS this morning, BGS had an nice run all day and closed near HOD. I moved up my stop loss at the close to 19.40, right under the gap up.
Trading ditutup: stop tercapai
I had moved my stop loss to 19.40 (under the gap) and got stopped out today.

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