Right before earnings I'm going to be following this stock. I need to look more into the industries momentum, but this stock is looking great. I closed a earlier position and looking to re-open soon. I'd say look for the 40 mark maybe a little higher.
We have a nice strong channel from the 29.2.2016 and the price just touch the it. The demand zone with 50 % fib retracement can hold, and push price back to supply zone at 1.47000. So we can see the nice forming HH ( higher high ) and HL ( higher low ) formation. This we use to find a potential trend reversal. Have a nice week !
Trade ideas are based on my anticipation of an inverse head and shoulders. This should atleast help gaining some orientation for price action and time windows. Make sure to check out my other charts for more information. Feel free to leave comments or questions bellow and upvote this chart if this is usefull to you. Cheers : ]
There is a gap between 51.88 and 51.52. If price comes to fill this gap, look to go long. The next line of resistance is around 54.00. Customer Sentiment. Customers love Whole Foods. Every yelp store review you check, you'll see that the customers complain of the prices and of the crowdedness, but love the food. So if Whole Foods stores are generally crowded,...
I believe, fundamentally, that blackberry is undervalued at its current share price and this is why. Initially that had a hard time keeping up with the competition, and lets face it the Z10 and the Playbook were both major flops. But a business can, and should use its failures to its advantage, and use it to tweak their business model which is what BB seems to be...
Possible change in trend since support has been reached, with a potential breakout once resistance is reached followed by a steady bullish trend.