Amazon (AMZN) has been trading within the MA300 (red trend-line) and MA200 (orange trend-line) on the 1W time-frame for more than 2 months. In multi-year terms, this is the equivalent of a bottom formation within the Bullish Channel that started after the bottom of the Dotcom crash in September 2001. More specifically, the 1W MA300 hasn't been touched since...
The advisor Market Miracle generated an input signal for the title GAMESTOP $GME at the price of 237 USD with a target of 315 USD. The company is known by all for its capillarity on the territory but also for the recent events that have seen the value of the action literally skyrocket and not because it is a particularly healthy company. In fact, its balance...
May be a poor representation of what I see but here goes.. Looks like stock has been making lower lows and recovering to about the previous drops lows. Looking for this to drop below $15 within the next 1-2 months and then potentially retest $20 area. Fundamentals also seem to support further decline. Recently sold 55% stake in Victoria's Secret brand and is now...
This has been in a wide range consolidation since April 2019, approaching the all time highs and sticking within the ascending channel verified multiple times throughout 2019. This lengthy consolidation is healthy, and if the upcoming ER demonstrates continued growth and brand loyalty with YETI products- the upside here will continue. Think lululemon & black...
Falling wedge on the weekly chart w/ and opportunity for a bull break to the upside
Higher lows since it bottomed out at 52 week lows (.65) back in June. Built new support @ $1.20. Would be ideal if it can continue to hold above new support. Next major resistance up @ $1.65. Pivot $1.93 and I believe we can see retracement back to (April highs). PT: $2.40
Retailers have been good to me over the last year and a half. It shouldn't come as a surprise that I've found solace in the retail space given my investment style. I like to find best of breeds in the most beaten down industries in the markets. BGFV is one of those. The company has increased nearly all margins over the last three years while increasing ROA, ROE,...