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THIS IS GOING UP. NO STOP LOSS NEEDED MAYBE CALLS GOING OUT 6 MONTHS?
I see this as a low risk entry. Match has a history of checking up at support after the green 9s.
MATCH possible head and shoulders on daily chart, high short interest at 45%. Below $69.9 would enter short with puts. The lawsuit is over fake accounts duping customers into buying subscription. This was similar to $meet stock couple years ago, where they had fake accounts or rumour of using site for sex workers. My stocktwits @hockeysniper
MTCH has been on a strong upward trend for the past several month. Online dating is a service that has been growing and Match.com is one of the best competitors in this industry. Good long term hold, but also easy 20% return over the next couple weeks.
This is one scenario but it's a short it scenario. Trying to time the top can be dangerous so can also sit out, let it prove itself and die, and then buy the blood. Going long at green box :::)
MTCH looking to test 75.13 res level. Double bottom pattern is about to be completed that leads to break out if breaks above add another 6% for the target price. TP = 75*(1+0.06)
The stock rebounded from its 50-day moving average in heavy volume. That offers a follow-on buy opportunity for existing shareholders or a new entry for aggressive buyers.
this should be fun, and im not talking baout the app
Above the 40 (November 7, 2018) – Exclamation Points for the End of Oversold Trading Conditions November 8, 2018 by Dr. Duru AT40 = 40.5% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 37.4% of stocks are trading above their respective 200DMAs VIX = 16.4 Short-term Trading Call: bullish Commentary Financial markets made their...
Today I will look for a SHORT on MTCH while price is moving towards 52.00 support level, and while SMA20SMA50. SL 0.96% TP 2.88%
Tomorrow I will look for a SHORT on MTCH during the day while price is moving towards 52.00 support level, and while SMA20<SMA50. SL 0.52% TP 1.56%
This is coming into resistance ~58 (1.618 extension). If it takes this, could run to 73+ Open long.
NASDAQ:MTCH is looking to break out higher. Over 50% short interest so this one can skyrocket higher. We want to see some volume kick in during the breakout.
Setup: It was noted that MTCH stock could drop to the 31 handle. Our setup is complemented by the following: 1. Multiple timeframe trend analysis 2. Divergence on H1. Approach: Our trade strategy is as follow: We will open two consecutive trades, they will both have the same stop loss but different take profits. Trade 1: Entry: 41.83 SL: 44.79 TP: 37...
MTCH: Online Dating leader Match.com took a nosedive with the announcement that Facebook will begin competing in its space. The technicals suggest a good buying opportunity is setting up as the major correction of the high degree 3 completes.
Match group MTCH slowstoch is oversold and yesterday the stock formed a pin bar . Slowstochastic is below 20 so oversold: pin bar could be a good signal for reversing the trend. Stock strenght is above 85! Watch the stock and lets see on lower timeframes if there is a entry signal (for example at 4h TF). Disclaimer: This is just my tought: don't invest based on this idea.
Think this might be a good short term play especially earnings is coming. First day volume is already higher than some of the months before....