OSTK has been inundated with negative news since founder and former CEO Patrick Byrne stepped down in August. The stock has seen some intense volatility. Shorting the stock has proven profitable recently. There is still time to be short, despite the heavy losses already sustained. On September 16th, OSTK plunged through its 9-Day MA and has been in freefall...
Foot Locker got to feel a beat up and an overal market over reaction for stocks that missed earnings, even if it missed tiny. The stock dropped more than 30% in two weeks and we are getting close to an open gap at around 32$ with a nice trend line support. In this enviroment the markets react multiple times stronger than usual, so we still need to be carefull...
"New @AtomicWallet release 0.1.31: - Added VeChain main-net $VET & $VTHO, Decred $DCR and Bitcoin Diamond $BCD - Minor bugs fixed and exchange interface improvements. Upgrade Atomic: AtomicWallet.io Interestingly that this fork of Bitcoin is such a pump and dump orchestra playing to entertain the whale and the smart retailers and fooling the one who didn't know...
RSI and price charts are showing concentrated pressure. Probably gonna pop a bit here soon. We're really close to the all time low points from the past, and honestly $1 seems like a great value for this stock. Got me 200 shares. Planning to hold until year's end or late spring depending on when it REALLY pops.
Chart says it all. I'm looking to short the next bounce. Analysis based on the weekly data. All indicators still pointing lower. Risking 2% of portfolio
For me JD.com will be a nice furture investment to battle Alibaba and Amazon, but by now they just don't make any profits and the chart tells the same story. Buying opportunity at around 20 $ for a long run up. Just my opinion so make your own research and like always May the markets be with us
ASOS forms a bearish ascending wedge That's bearish, although ASOS is still in an uptrend
Duluth Holdings keeps scaling up, investors do no longer ignore it and buy in before earnings! Company's retail sales growth is soaring and solid gross margins will be maintained.
I am very bearish on the United States economy. Retail data has been sliding lower and I expect that to get worse before ti gets better. Plus, on aggregate, one company seems to be taking all the business away from the rest. The others will collectively drag down the industry as more and more consumers switch to online shopping. I am bearish on XRT and going...
Target has really taken a beating lately, primarily due to them losing market share to the mammoth Amazon. With the most resent earnings, TGT has broken down below what had been downward sloping support. My expectation is we will have a slight sell off early this week (week of 4/3/2017) but will ultimately retest the line that had been support, but will now be...
Costco caught up some buying momentum after it broke up its consolidation resistance at $116.60 and had 2 days of follow through. Price found top at $126 and was sold off to $110 which acts like major support for this stock. It was out of play for couple of months but for now if it will hold above breakout point it will keep active traders attention. Higher lows...