Bullish Flag, confirmed (66PC) Pros: Volume during post formation Descending volume during flag formation Golden cross in blue PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 8 200MA ascending 250RSI above 50 Cons: No volume at break out Target: PT = 43.97$ Help how ever you can to keep this alive. Thank you to those who have...
High tight flag chart pattern forms when a stock rises over 90% (preferably 100%) or more in two months, then consolidates sideways for 15-25 days with a decline of no more than 25%. When there's a breakout of the sideways 'flag' on high volume , the powerful uptrend often resumes. The entry point is either as the stock breaks the high of the flag or breaks a...
this has tried to break through the cloud several times but only now are all the pieces in place so i have high hopes for this one
Top (daily): UNFI makes big gains in a very short amount of time with 2 +100% gains in under a week since the March 2020 low Bottom (weekly): not only does UNFI go on explosive runs, but the next run could take the stock above a 6 year long downtrend. With the stock working into the apex of a descending triangle, I have to think a big move is coming soon.
Can $UNFI break out of consolidation? If earnings are a beat we could see a double bottom and a break of resistance market willing.
Looking for a low soon for wave II. May extend to complete in September.
Good opportunity with a food distribution company that is a great defensive play at the same time.
$UNFI current price as of this writing closed at 15.44 Technically, $UNFI bounced on a 50-day moving average at 14.68 and another support at 15.15. If it breaks down from its 50-day MA, another strong support at 13.62. A good entry is somewhere near the support at 13.62, 14.68 and 15.15 in case of a strong selling pressure. With its good fundamentals - value,...
Fundamental Perspective: United Natural Foods (UNFI) is a food wholesaler. They are currently best known as the supplier to WholeFoods and is one of the largest food distributors in America. From a fundamental perspective UNFI is on track to succeed. What's interesting is that this company were so excited to release their earnings, they put out a preliminary...
As it flies high breaking the resistance, it reached the new resistance. If it passes this resistance, next stop will be around $24.
I didn't see that first of 1 wave and this count shows it with it included. Possible top at 13, then down in wave 2 could fit well with market crash coming up.
If this can get past 15, no real resistance till 40.
It is just above the trendline. There are assumptions; 1. Cup w handle 2. Going down to $9.2 will create unconfirmed 123 pattern. for both pattern , $12.60 will be the confirmation resistance.
Hi! This looks like a good spot to pick up UNFI. Grabbing some at 11.81 with a target of 12.50. Remember, apply your own plan. The best we can do for each other is point out promising setups.