Since early May, $SFIX has been consolidating within its box. Its technicals played out nicely the past couple of days as it broke out of its consolidation with igniting bars.
Here's a weekly chart with a better perspective. If it can break $32.50 with strong volume then a final target of high $40s is not inconceivable.
Backtesting results came back at 96% profitable on SFIX. We are currently getting a buy signal, so check out SFIX and don't miss out on these profits!
The Megalodon indicator uses a machine learning algorithm, combined with data from over 500 buy setups, and over 2000 indicators to produce extremely accurate buy signals on any and all asset classes! You will...
SFIX has an interesting daily chart, currently it has gaped up above all its major moving daily averages. Looking at the 5 min chart, you can see that its making lower highs and is showing weakness, but it has got a lot of support to got through, so I am more inclined to take it for a long if it starts showing strength and gets above its vwap and 20 ema. I would...
SFIX earnings, gapped up last time so you figure shorts will cover before earnings.
Set up nicely with a hammer for a one or two day play. Planning on cashing out before earnings, maybe keep a few calls for kicks and giggles.
Much improved membership growth from most recent quarter earnings. Disruptive innovation in the retail industry with AI integrated in its service. FIB and the trend lines both agree that $24.50 is a great entry point.
Must have been one good conference call, SFIX was up 10% AH and then tanked. Now down 10%, ad sitting at $23 AH as I type this.
I doubt anyone is gonna buy this pig other than shorts covering. Quite frankly, the reviews for Stitchfix are terrible. Don't buy stock in any company that you wouldn't do business with. Not sure why anyone would want a company that...
Toys R Us refuses to die. The hedge funds that own the debt of the bankrupt toy retailer decided to cancel an auction of assets and instead plan to revive the brand and even open new retail outlets. The prospects of another Toys R Us revival could become symbolic: the timing coincided with what looks like a top in retail stocks as represented by the SPDR S&P...
$SFIX Looking very overbought after an analyst price target increase earlier today. Money flow (MFI) has been on the decline since last week diverging from price action. Expecting a near term price correction.
Targeting $44.00 level at least, we will see if that holds as support...further downside possible.
Note: Informational analysis, not investment advice.
Price completed a 5-wave structure to the upside and is now developing a ABC structure.
We are looking for a long opportunity around the 24.64 region with a fib and structure confluence.
*Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a...