I observe this phenomenon fairly often (but not every day.) Trading view won't let me publish a chart below this time frame, but it actually happens on the one minute time frame or less. Can anyone explain what is going on here?
My best hypothesis is that some whale entered into an agreement with with their broker intra day (while the market is open) to buy or...
Earnings trading strategy signal.
The US off-price retail apparel and home fashion stores operator Ross Stores has been increasing sales (from $11.04 bln in 2015 to $14.98 in 2019) and EPS (earnings per share: from 2.24 to 4.3) for 4 years straight.
The last two of four published $ROST ratings from analyst companies were good, one was neutral.
So the price is...
Avalara is looking fresh.
Avalara is looking good. The stock is really close to highs just before the day it reports earnings.
Could it be a coincidence?
We never know with the market, that's true. But I will definitely watch this one closely today.
Great consolidation for several weeks
+40% average revenue for the past 4 quarters
Trading View's technical chart is flashing a sell signal for SOXL, but my proprietary algorithm is saying buy.
These indicators are flashing strong buy:
Slope of the Hull moving average
Previous day's change
Difference between 20-day exponential moving average and 20-day simple moving average
These indicators are flashing a weak sell: