See text on daily chart. TLDR; gap up on ER to top end of a huge stage 1 base. May need some time, but if it goes, it has potential to go far & go quickly.
To follow up on my analysis of NFLX from Wednesday ...
Despite the market moodiness and selling, NASDAQ:NFLX reported well above estimates.
HFTs triggered a huge gap up on heavy pre-open order flow yesterday. Volume was also huge, so smaller funds' VWAPs triggered and retail traders chased the stock while Pro Traders and HFTs made some big profits.
Gaps up...
Bought half size this afternoon as SN cleared a recent consolidation pivot after gapping up this morning. In a better environment, I'd have bought in full size today, but I'll look to hold and buy more if / when the stock reaches its debut-day high of $52.90 and the environment improves. Reasons for entry are simple... stock gapped up on earnings, pulled in and...
Despite the recent poor environment, WSM held onto its 13.5% earnings gain before rocketing off Monday morning on news that a private equity firm has taken a 5% stake in the company. Saw the news after the fact... what I did see was a relatively strong stock breaking out of a narrow consolidation at the top of a deep bottoming base on massive volume. It ended up...
Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Apple 💪
Starting on the monthly timeframe you can see that after Apple broke out of the clear triangle formation in confluence with the bullish moving averages, Apple created a strong rally of 30% towards the upside,...
Stock breaking out after digesting a great reaction off of earnings. Earnings growth on this name are fantastic. Not in a growthy environment, but this name is certainly one of the best-looking growth stocks out there at the moment.
Platforms ahead of earnings is an important pattern to watch for. Platform-building markets develop on the dominance of institutional investors buying quietly with controlled orders via the Dark Pools.
NFLX has a classic "quiet accumulation" pattern, also known as a Dark Pool buy zone. These platforms provide strong support for the bottom formation, especially...
When this company IPO'd it was the big stock of the year. Alas, there has to be more to a company than a cute name.
SNOW had its earnings report late in the season and it gapped up on the news. The gap jumped over resistance, so it is not likely to fill easily. Resistance becomes support for this type of gap. This can suggest that SNOW may be a company beyond...
Doubled position size today as RBLX came through the highs on good volume. Stop loss raised up below the most recent swing low, as well as the PEG day anchored VWAP & the anchored VWAP from the double bottom.
Started position as the stock came through its inside pivot & PEG day anchored VWAP. Ran up nicely before giving a lot of the move back in the afternoon.
CPRI showed massive growth in EPS last year (+205.52%) and estimates for the current year (with 2 quarters already reported) are EPS growth of 180.87% with sales growth of 33.37% supporting the EPS...
Good play nonetheless to hold in the long term portfolio. Will mostly continue to grow with the way these kids love their video games and games that can involve creativity.
Long since 100$. Targets 120-140$.
