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Gapup

Update: 1 gap down left and a few gaps up $TSLA Update on my previous idea: the gap up has been closed, 2 gaps down have been closed with more gaps up created. We are closing in on the 3rd gap down which also coincide with the golden 0.618 fib and will very likely be closed next week. I'm expecting a rebound in the days leading to the Q1 delivery numbers announcement with maybe the date given for battery day the last week of March too. Bonus added: a gap even lower from October that could be closed as most countries already in hidden recession are now closing everything to prevent the virus from spreading and trying to flatten the curve.
NASDAQ:TSLAShort
by Nooblade
2
$TXRH is going UP!!!NYSE Earnings strategy signal. Casual dining restaurants operator Texas Roadhouse, Inc. has been increasing sales (from $1.25 bln in 2014 up to $2.21 bln in 2018) and EPS (Earnings per share: from 1.58 in 2014 up to 2.46 in 2019) for 5 years. Four analyst companies published $TXRH rating in 2020. Two of these ratings were upgraded. The company opened some new stores in 2019 and has a strong upward trend. It is strong enough to break the expected EPS of $0.52 per share and expected revenues of $713.75 million. So our hypothesis is that $TXRH is ready for the next gap up after publishing earnings report today after market close. Due to strategy, the buy long can be from the current price (65.5), target profit — +$5 ($70.5), stop-loss — -$5 ($60.5). Risk/reward is 1:1, but correct strategy implementation implies more than 60% of profit trades. More about NYSE Earnings strategy: fondexx.com More information: fondexx.com Education: fondexx.com How to get into our trading chat: fondexx.com Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!
NASDAQ:TXRHLong
by KozakHlib
1
$CPRT is going UP!!!NYSE Earnings strategy signal. Online auctions and vehicle remarketing services provider Copart, Inc. has been increasing sales (from $1.15 bln in 2015 up to $2.04 bln in 2019) and EPS (Earnings per share: from 0.87 in 2015 up to 2.57 in 2019) for 5 years. The Guggenheim analyst renewed $CPRT rating in October. This rating was upgraded. The company is likely to have increased its global sales volumes compared to the previous quarter. Also, Copart opened new stores in Germany. So $CPRT is ready for the next gap up. Due to strategy, the buy long can be from the current price (104.82), target profit — +$4 ($108.82) stop-loss — -$4 ($100.82) Risk/reward is 1:1, but correct strategy implementation implies more than 60% of profit trades. More about NYSE Earnings strategy: fondexx.com More information: fondexx.com Education: fondexx.com How to get into our trading chat: fondexx.com Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!
NASDAQ:CPRTLong
by KozakHlib
5
WCEHB: Breakout Downtrend Line plus Gap Up Thanks for following us. Strategy: BreakoutDowntrend Line and Gap Up Bias: Bullish . After finding the support at 0.345, price gapped up and breakout the downtrend line today with high volume. If momentum continue we shall see it challenge its previous high resistance at 0.400 soon. If the resistance could breakthrough then we shall see the price at its another high resistance at 0.440. Resistance: 0.440, after immediate resistance of 0.400 Support: 0.345, after the gap up support area of 0.360-0.370 If you found this idea is useful, don't hesitate to like and comment! :)
MYX:WCEHBLong
by ShareWorldConsulting
Pinterest sideways move till earnings reportHi all, There is no particular reason for PINS to make a move at this moment. In my opinion it just follows the market's trend and i am expecting it to accumulate on the upward channel till next earnings report. At this time i am expecting a gap up or gap down depending on the results. To be honest it's a very difficult trade but i think that since the market is doing well that they are not going to risk another bad quarter and they somehow show the results in a positive way and keep anything bad for another quarter.
NYSE:PINS
by UnknownUnicorn274312
AMRN - Could Be A MonsterAmarin popped up on my daily scans that are showing bullish momentum following an oversold condition & I do like the look of its daily chart. A gap up on November 12th which has since been held. A Golden Cross occurring around the same time as well. I have a few price targets noted on the chart based on the Fibonacci Extension tool. What really interests me about this stock is the +32% short interest currently out on the stock. 1/3 of the 363 million outstanding shares are currently shorted. If this stock does continue its bullish momentum, then it is only a matter of time before the shorts have to cut loose. This thing can become a monster. I would definitely keep it on a watchlist at the very least.
NASDAQ:AMRNLong
by Chartimistic
SCHW - Looking Bullish Following Gap Up ConsolidationCharles Schwab gapped up back on November 21st, I believe that may have been related to the news that they were looking to buy TD Ameritrade. Since then, the stock has consolidated but managed to hold its gap level. The stock seems ready to exit an oversold condition while the RSI level held its 50 mark. The gap up in November has allowed a Golden Cross to occur on the daily chart as well. I have some price targets noted on the chart. The green lines are standard Fibonacci levels (61.8% and 100% levels). The light blue line is based on a dynamic P&F chart but the price coincides closely with the Fibonacci Extension 50% level as well & I love when multiple analysis seems to corroborate each other. There is still some potential resistance until around $50.20 but if the stock price can break through that level there shouldn't be much built up resistance ahead.
NYSE:SCHWLong
by Chartimistic
$OLLI Set To Keep Climbing$OLLI had a big day yesterday, rising 15% on the back of strong Q3 numbers. $OLLI still has room to run as it is still down 32% off its 52-week highs. Here are the highlights from Q3: Ollie's Bargain Outlet Holdings (NASDAQ:OLLI) is higher after comparable sales fall by 1.4% in Q3 to miss the consensus estimate for a 1.1% drop, but the company's top line and bottom line both came in ahead of expectations. The company says margins improved slightly in the quarter as an increase in merchandise margin, partially offset by higher supply chain costs as a percentage of net sales The retailer expects FY20 revenue of $1.419B to $1.43B vs. $1.43B and FY20 $1.95 to $2.00 vs. $1.99 consensus. Ollie's also disclosed the hiring of John Swygert as CEO following the death of Mark Butler. The day's high of $70.99 is the key number to watch. We must get above there for the all-clear to be in. As always, use protective stops and trade with caution. Good luck to all!
NASDAQ:OLLILong
by OptionsGains
ZS - Scaling InZS had a gap up due to earnings back on March 1st. The stock saw a rise in price within a bullish price channel but was creating a bearish divergence with the RSI indicator. Even with the pullback, the price remained in the bullish channel until it broke down in mid-August. Another earnings report in September led to a gap down that created an Island Reversal pattern & carried the stock price below the March gap, which was now acting as resistance. The stock price continued falling as it tested that March gap resistance a few times but as the price fell the RSI has moved higher creating a Bullish Divergence. With the price moving out of an oversold condition I am looking for the price to move up to re-test the September gap resistance. Depending on bullish momentum the stock may be able to continue rising to fill the September gap.
NASDAQ:ZSLong
by Chartimistic
DRI - Let's Go Out For A BiteDRI had a gap up on an earnings announcement back on March 21st. The top of this gap became support while the stock price continued to rise. This rise in price created a bearish divergence with the RSI indicator. The earnings release in September led to a gap down. The price actually consolidated just below the March gap. Friday's trading has the price testing the resistance level of the March gap zone with the stock finding strength. DRI is finding relative strength within the Restaurant industry but still needs some more time to see if it is gaining strength on the SPX. If the price continues to rise I would expect a re-test of the bottom of the gap down zone around $122.
NYSE:DRILong
by Chartimistic