Get started

Ecommerce

7 Reasons to buy DXLG now!DXLG Destination XL Group, Inc. is a leader retailer in Big & Tall men's apparel. Company is publicly traded since 1988 The Monthly chart shows a buy setup in 7 different aspects 1) Massive buy volume in the month of July. Buyers are mostly institutions as you can see in the following link. As of today 70% of shares are held by institutional funds. i.imgur.com 2) Absolute third bottom since 1998. The last time DXLG was at this price was during 2009 crisis. This is the definition of buying the dip. 3) Tom Demark Sequence reached 9th sequence. For those who know about TD Seq , numbers 8 and 9 indicate a reversal 4) 3 different divergences are formed at this level. MACD , VWMacd & MFI . This means price has to be higher according to these indicators but instead it went lower and created a divergence 5) Williams Vix Fix Indicator is used to identify the bottom of a trends. As you can see from the green bars that we reached the bottom and a reversal is imminent. 6) SToch RSI is bottomed and now picking up 7) MACD in the red area heading towards green Cash Runway Analysis Stable Cash Runway: Whilst unprofitable DXLG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level. Forecast Cash Runway: DXLG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 50.4% per year. Company got hit hard by COVID-19. Brick & Mortar stores had to close temporarily but sales continued through website and Amazon.com In a medium term trade(1 - 2months) you can target a reasonable profit of over +25%, the longer you hold, obviously the more profitable it gets according to the past data. As you can see the stock traded between $0.3 / $15 in the past. Please do you own due diligence and remember it's a chaotic year, so always look for safe plays.
NASDAQ:DXLGLong
by Kryptolinks
FSLY- When the momentum stock loses its momentumTrend line is temporarily broken and there was no strong bounce back after the price crashed to the confluence zone of POC, 50 SMA and fib 38.2 level, indicating a weak demand at this lvl. There is little sign of decreasing selling pressure at this moment. If FSLY doesn't get back above the resistance and supply zone of 90 convincingly in the next days, party may indeed be over. Generally speaking, when you see the momentum stock decline significantly after the positive earning, this should be your first warning sign that investors are disappointed that the stock fails to live up to their lofty expectation. This is especially true for momentum stocks with lofty valuation. Market tops are often made when stocks react negatively to positive earning or when stocks stop going up on positive news. It is possible though that the short-term negative sentiment is caused by the TikTok news, but it is undeniable that the growth of enterprise clients for FSLY has slowed down recently. The overall macro is still good for Fastly though as E-commerce is still thriving. I am also bullish on the cybersecurity industry as whole and another market-leading CDN in the edge computing space you can capitalize on is NET. Thank you for reading through my analysis! Don't forget to click the like and follow me :)
NYSE:FSLY
by Libratus
Alibaba: Entering an expansion phase towards $400.BABA is currently consolidating on the 1D chart (RSI = 59.048, MACD = 6.230, ADX = 19.815) but the important news of the month is that it broke in July two very bullish long-term patterns (the blue Channel Up and the dashed Higher Highs trend-line since Jan 2018) to the upside. This resembles the expansion phase that Alibaba had is 2017. If an identical +140% sequence is completed then it can make a new high around $400 by late 2020-early 2021. Our Target Zone when we'll start taking profits is 370.00 - 410.00. ** If you like our free content follow our profile to get more daily ideas. ** Comments and likes are greatly appreciated.
NYSE:BABALong
by InvestingScope
MELI and SE CorrelationMercadoLibre ( NASDAQ:MELI ) and Sea Limited ( NYSE:SE ) are two highly correlated stocks in the same sector (Internet entertainment/e-commerce). Since SE had a 50% increase in the second half of 2018 (marking the beginning of the market-cap similarities), their correlation began, and SE's large moves (or lack thereof) are highly likely to be precursors to moves from MELI, making it a rare case of a leading indicator unlike most (i.e. RSI and MACD which are lagging indicators). As these moves take time (usually about 3-6 weeks), these plays are for multi-week/month traders who seek consistent returns. I've annotated the correlation plays within the last two years which should serve as a framework for anyone seeking to take advantage of these opportunities in the future. TL;DR: SE and MELI are highly correlated, and, as annotated in the analysis, SE is a leading indicator for MELI generally speaking. The areas of big moves by SE are usually precursors for big moves by MELI, and areas of consolidation by SE are usually indicators that MELI's big moves will reverse. Ideal time frame: 2-6 weeks per trade. As always, do your own due-diligence, never risk too much per trade, have your own plans and targets, and be responsible. Chart image without volume:
NASDAQ:MELI
by Ricardo_N
NET - MOMENTUM TRADE SLINGSHOTCLOUDFLARE (NET) met expectations 2 days ago on my previous post and broke out from a Blue Sky Set-Up. It paused yesterday for profit taking and is currently set-up again to continue it's move to hit a round number target. Needham just raised its price target to 38, a mere 3% away from it's current price. NET is a clear beneficiary of the shift to work from home and e-commerce on increased demand for cybersecurity. The company provides an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and Internet of Things (IoT) devices. Current set-up is a slingshot which could potentially result to another Bullish Marobozu similar to the breakout candle. Possibilities are: (1) it pauses for another day (today) with low volatility or (2) continue its range expansion and hit 38-40. Pauses can extend to three days with tightening ranges and decreasing volume indicating a healthy profit taking before proceeding to make an explosive move which is otherwise referred to as a Boomer Set-Up. Best approach to prevent early participation if explosive breakout doesn't materialize is to buy at the break of the yesterdays high supported by volume acceleration. This can clearly observed and managed on the 15-minute chart.
NYSE:NETLong
by TradingMavericks
Short SHOP Overbought on low volume. Short 750, Stop 775, Target 1 670, Target 2 590. Shopify has benefitted from an increase in stores on the platform during the pandemic but this short term metric does not justify a longer term price. Yes, it's been necessary for traditional brick and mortar only to migrate to e-commerce but this is priced like those customers are going to be around for the net 20 years, not just implementing an emergency strategy to survive in this extraordinary time. Great first quarter results, and a sound business, but a little too rich at this time.
SShort
by SilverEagle
I made $3843 Paper Trading Fiverr in 1 DayFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, I have recently made $3843 in a paper trading simulation buying Fiverr in just a single day. Testing the current correlation waves for Fiverr, I would say it is still mostly bullish and I reintegrated my strategy into some high growth stocks as well. Will see if I might be the Nostradamus of stock predictions after all (minus the pseudoscience or the shadiness that comes with that statement).
NYSE:FVRRShort
by gamer456148
Fiverr Crushing Call TargetsI recently was bullish on Fiverr, even implementing it in my own personal test strategies. While, it is too early to say I was right, my bullish call seems to be quite accurate. As always, this is on opinion basis and don't take anything I say seriously, as I'm not trying to solicit any financial advice. That being said, the revenues per share and losses per share were BETTER than expected. I had a bullish call prior, and don't be surprised if the stock continues to rise as with most of my predictions. Not claiming to be Nostradamus here, but look there are patterns and real math. I am wrong sometimes, but the calls been on a high streak recently. It is interesting to see how other online and e-commerce like sites such as Shopify, Etsy, may perform. (Though I consider Fiverr some weird cross between freelance, pro and amateur services and the e-commerce market). I think it is closer to an internet retail metric than a data processing category, however.
NYSE:FVRRShort
by gamer456148
EBay: Channel Breakdown UnderwayE-commerce stock eBay reported earnings last week. The backward-looking results were ok, but forward guidance wasn't so hot. The resulting drop is creating some bearish chart patterns. First, EBAY formed a tight channel between $34.50 and $36.60 since October. It's now breaking the bottom of that channel. Second, the channel began on October 24, when EBAY gapped lower on weak guidance. Its recent drop on January 29 wasn't technically a gap (because there was some price overlap with the previous session). However, you have a gap down, consolidation and further downward pressure. The direction and high-volume price moves have been negative. Third, EBAY has formed something of a head and shoulders since last March and April. That pattern follows a failed breakout attempt in early 2018. Nothing bullish in that. Finally, EBAY has gone almost two years without making a new 52-week high, unlike the broader S&P 500 and Nasdaq-100 indexes. A steady lack of relative strength like that is also a sign of underlying weakness. A year ago, EBAY had a bullish gap between $31.02 and $32.73. It may now come into play as a downside target. Given the market's recent fears, traders looking to get bearish may want to start with weaker names already under pressure. EBAY could fit that bill.
NASDAQ:EBAYShort
by TradeStation
Amazon.com: Pausing at Support Before EarningsThe major indexes have been rallying to new highs, but one of the most important companies in the market hasn't participated: Amazon.com . The e-commerce giant spiked the day after Christmas thanks to news of a " record-breaking " holiday season. That ended a three-month imprisonment below its 200-day simple moving average (SMA). It also established AMZN back above the $1,850 area where it peaked in mid-September. The shares seemed overbought at the time of the breakout in late December. They were not only pushing the top Bollinger Band, but stochastics were also well above 90. Now that it's worked off the overbought condition and some of the other moving averages are rising, AMZN could be ready for continuation to the upside. There's also a catalyst for a potential move because earnings are due on January 30. Finally, Alphabet just crossed $1 trillion of market cap yesterday. AMZN's about $69 billion away from that big number. How long before that becomes a point of conversation?
NASDAQ:AMZNLong
by TradeStation
1