We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that,...
Momentum pattern. Looking for a break of 3.57, Big insider purchase from CEO recently. Stop signal 2.93, First target 4.43, Target 2 5.43 , target 3 Momentum.
GOED purchased Appliance Smart and they are now forming a new brand. Lots of action/volume/hype, I'm sipping the kool aid and buying the dips. Stay thirsty my friends.
Finally back in the gap on GOED with strong volume to start the week. New coverage from ThinkEquity puts a Buy and $12 target on the stock. I think now it comes down to continuation and follow-through. Secular trends will likely start playing a bigger role if or when it breaks back through this gap. "Q2 has been a strong quarter for 1847 Goedeker. Since May,...
Covering Goedeker ($GOED) today for a favorable long set-up (taken from our tradingroom) Fundamentals: 1847 Goedeker provides a one-stop e-commerce destination for appliances and furniture. Recently Goedeker announced (27-5) and completed (2-6) an underwritten public offering on which it dropped to a sell-off extreme of $1,80 at the point where pricing of the...