BH Should I Buy

BH is not a good buy right now for a beginner long-term investor with $50k–$100k. Despite a longer-term uptrend in moving averages and heavy recent insider buying, the stock’s near-term momentum is weakening (bearish/expanding MACD) and the latest quarter shows a swing to losses (negative net income and EPS). Given you’re impatient and don’t want to wait for an improved setup, I would not start a new position at this price.

Trend & momentum: Moving averages are bullish (SMA_5 > SMA_20 > SMA_200), which supports a longer-term uptrend, but momentum is currently deteriorating: MACD histogram is negative (-7.003) and expanding lower, typically signaling downside pressure persists. RSI: RSI_6 at 30.663 is near oversold territory, which can precede a bounce, but it is not a confirmed reversal signal on its own. Key levels: Price (~399.7) is sitting just above S1 support (394.317) and well below the pivot (434.718). That means the stock is currently trading in the lower part of its range; a break below ~394 could open room toward S2 (~369), while a recovery back above ~435 would improve the technical picture. Pattern-based near-term bias: Similar-pattern projection suggests modest upside over 1 week (+2.48%) and 1 month (+3.86%), but only a small/flat next-day expectation (-0.2%). **Intellectia Proprietary Trading Signals** - [AI Stock Picker](module://ai_stock_pick): no signal on given stock today. - [SwingMax](module://swingmax): No signal on given stock recently.