Have to wait and see on this one, but pretty clear where it should go. Have to see if it can hold and what the earnings are :)
In 75 Min Chart Over All Structure Is Getting Neutral , Price Taken Some Pause And Consolidating Here . 1) Triangle Pattern Is Formed . 2) Price Retraced Fib 0.618 3) Rsi Giving Strong Divergence If Triangle Brock Upwards And Crosses 9039 . Then It Will Give First Reversal Sign. one Can Trade If it breaks 8678.30 with Strong Bullish Candle Or...
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...
Update from my previous idea posted as there is a 3rd gap down from 10-13/01/2020 between 478 & 492$ which is still recent and close enough from my macro 0.618 fib (180-923) to be considered. I disregard any gap below 5$ or previous to 2020 up trend. Again I don't know what I am doing there...
Following the article www.investopedia.com it would make sense for the stock to keep going lower and close the 2 recent gaps: - 29-30/01/2020: 590-618$ - 17-21/01/2020: 510.50-518.5$ Or it could keep going on the rebound from closing/afterhours today and go close the gap between 739 & 776$. As always, I don't know what I am doing there...
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...
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...
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...
Hi 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...
Amarin 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...
Charles 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...
$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...
The market gapped up again with the bulls still in control easily allowing the price to move past the three established price targets. Once again, let's see how far the bulls want to take it.
The stock gapped up on October 21st & created a bull flag pattern. It broke out of this flag pattern on November 6th on an earnings announcement. The former resistance line of the flag pattern looks to have become support as the stock price is trying to move back up from this level. Price target levels are noted on the chart.
ORLY broke out of its sideways pattern with a High Frequency Trader gap up. It is now at another new all time high.
KO broke to the downside and is continuing down to the support level of a top completion. This aligns closely with the prior gap up.