Boy, I scan companies for a living and although this ones balance sheet (as I write this) may not be the best pick for VALUE today, it is certainly setup well for an earnings surprise going into Q2. The CEO has said they have realized over $1.5M USD of top line revenue with an entire MONTH left in the quarter. Not to mention - he even said he fully expects to...
$BIDU Unusual options activity. Descending wedge breakout approaching short-term and long-term convergence. Will be watching for a move to $220. Lot's of potential.
Nice upside with relatively low risk in $ULTA for a swing trade here. I can see this rallying until August 20th easily, and reaching as high as $426 as best case scenario here. If price were to move below the white horizontal line this signal becomes invalid. Best of luck! Cheers, Ivan Labrie.
Whenever there's a chance to get in at a lower price on a stock such as CPRI, we take the opportunity. Overall retail will perform decently on re-opening theses and people returning to jobs. R of 1.32 is decent although not the best, but with the potential for it to move, we can set alerts and move Stops to B/E at the alert ray
I am going to post about 5 trades or more to watch for every week. Rules are simple. Step 1-Watch price action wait for it to respect the trendline...Preferably the bottom trend line. Step 2-When price stops, bounces, wicks back up over the trend line. That would be your first sign to get in. Step 3-If you are more patient or skeptical, wait for price to move...
The vaccination campaigns are raising all over the world, but US is doing an incredible job to get this done very efficiently. I am positive that the retails will spike in the next cycle due to the needs of the people to get back to in-person shopping experiences that are missed for more than a year at this point. Dillard's performance showings clearly the first...
- similar patterns are right now in many technology shares to find.. could be the end of the consolidation since februar...
Yay, it's Friday! Our big-boys watchlist seems mixed today! Let's see how mid and low-caps tokens behave today! This week, we have spotted big spikes in volume on some small-cap tokens. As we said yesterday, things are getting interesting. Those volume spikes may be responsible for the short-term manipulation that we were able to observe in BTC and ETH. That is...
What Is The Market Telling Us? Price is currently ranging between Previous High & Previous Low 1st Break in market structure towards bullish direction since March Price is currently making its way toward previous low for a retest What Are Market Participants Doing? 70% of retail traders are shorting the dollar overall against DXY There is...
Check this out. Huge potential for big gains. Symmetrical Triangle with a Pennant continuation pattern inside. Pennants break to the side that created it. In $GME's case - to the upside we go. *This is not financial advice, please contact your local HF (Hedge Fund) for that. Please do your own DD (due diligence) before assuming risk.
Is this market overextended? Only time will tell. Will you get burned? Also, only time will tell. Pretty much all the analysis is in the chart. I think its obvious that something fishy is happening. Just trying to spread some market awareness. DYOR, I am not a financial advisor, and please, for the love of god, manage your risk when you're playing in a market...
ULTA has been building an inverted head and shoulders pattern after a bad earnings reaction in March leaving a gap above. If this can follow through over 325.00 with volume we could see a nice move. 50% fib can serve as stop loss.
Beautiful symmetrical triangle formation on Crypto.com (CRO). I'm loving how this is looking with these kinds of bullish market conditions. I believe if we break out of this formation we will have a run up and re-test of the current all time high of $0.27 cents. If we re-test and break past $0.27 cents we'll be going back into a new price discovery phase. Just my...
TRY 11 - 11.50 should be followed as a strong support for SOKM whereas 13.19 and especially 14.72 is being a strong resistence. If SOKM is able to break above, investors should aim for new all time high which is TRY 18.00. This is not a financial advise. SOKM için takip edilmesi gereken destek bölgesi 11-11.50 lira iken, 13.19 birinci direnç, 14.72 ikinci ve...
WMT 1HR CHART... WMT looking nice for a recovery play to retest ATH and a nice gap fill to the upside. In a steady up trend channel looking to retest that downtrend resistance line and a possible breakout to fill the gap, also currently in a bull pennant, look out for a gap up and retest for an entry if it does.