Nautilus Inc might give us a nice opportunity here. The 5.50$ held pretty strong and the long term trend line got almost touched.
We could see a 100% run up and close the gap at around 11.75$. The markets are really over reacting either up or down and nautilus got beaten up quite a lot.
I gave you two charts. A one day...
FIT looks like it's consolidating around ~$5.80
Looks like it'll break out around April 10th once it crosses either side of the wedge.
I'm thinking of making a strangle around $6Calls and $5.50Puts
or you could yolo it and by Apr5th or Apr12th $6 calls.
TRADE TIMELINE 12/10 - 12/14
12/08 - POSSIBLE OPTION PLAY heavy watch
FIT 12/14 4.50 PUT dip buy 0.02 (0.04)
IV 74.38% Volume 384 Open Interest 333
----->"Throw a couple bucks at it" purely gamble play
This optionable stock moves like dry grass wildfires....
Why this play?
NOTE - Everything below the green diagonal boxed line is profit.
MACD - This indicator...
"Fear of missing out (FOMO) warmed up last week but closed the week with a pause. Is it the pause that refreshes or simply cools hotheads?"
A Pause for FOMO drduru.com $SPY $QQQ #AT40 #T2108 $AMD $DKS $FL $FIT #VIX #forex $DXY $USDMXN $AUDJPY $USDX
Fitbit is having a he*& of a year. Holy buckets. Holy fire sauce, IT'S HOT!
With a kid friendly watch (which I hope Mrs. Obama has invested in) and more hot gadgets on the way, Fitbit is in my opinion, looking for the $15 mark sooner than later.
Consistent curls (purple), with minor drops (blue teal), and quickly rising (green arrows). It could...
Fitbit made me some cash money today!
I believe the bullish trend shall continue.
Tomorrow, I believe it will bounce around the 7.30 -> 7.55 mark.
Resistance and bears in the gray rectangle. Support and bulls in the teal triangle.
Teal lines = Support
Green lines = Resistance
Wednesday is the day I believe it will take off. After consolidating and shaking the...
Fitbit's value isn't just in its wearables.
It's in its data and cloud connectivity.
Fitbit's had a good run with its line of functional, stylish activity trackers and health monitors. Customers can choose between classic trackers, a few smart watches, and even smart headphones and weight scales - with a large selection of accessories to mix and match throughout...
Where exactly is Fitbit headed to?
After a showing signs of a bullish gartley chart, all FIT needed was a really great earnings report to piggy back off a great bullish gartley formation. Trading movements can be somewhat predictable with TA but remember that dramatic movements require real FA.
Looking at the daily chart, we see the pre-ER hype + technical...