ToughBuilt Industries, Inc. designs, develops, manufactures, and distributes home improvement and construction products for the building industry in the United States and internationally. It offers tool pouches, tool rigs, tool belts and accessories, tools bags, totes, various storage solutions, and office organizers/bags for laptop/tablet/cellphones, etc.; and...
I have a very, very tough bag that has been faithful to me for years now. If only I could boast the toughness of their stock trends right now. This one is dropping, like many others right now. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with...
Once again the 50 fib and 618 fib are in focus for clear support/resistance levels over the last few months for TBLT . However, the jump this week was BIG. Volume began picking up early on and the latest 1H sales news triggered a new gap. Focus now is on the 618 Fib to hold as support as the 50 fib denied the move past $1.25 early on Friday. But, volume was...
TBLT ToughBuilt Industries gross sales through Amazon.com increased 118% to approximately $5.48 million for the first half of 2021, compared to approximately $2.51 million in the first half of 2020. On 8/19/2020 Maxim Group Reiterated Rating to Buy and a Price Target of $2.00 My price target is 1.6usd. I have recorded it also as a private idea when i saw that...
Toughbuilt re-tested the all time lows and seems poised to run higher now. Falling wedge : We see that TBLT broke out of the falling wedge and has been flatlining or consolidating in the $0.70s area. This is a bullish pattern. Kilroy Bottom / Inverse Head & Shoulders: Coincidentally or on purpose, the consolidation in this range is also forming a Kilroy was...
Toughbuilt has shown they are turning the company around with new deals to increase sales and earnings. This is one of my favorite companies with massive growth potential. 1. Even with increased sales and earnings from their recent deals to sell their products with Home Depot, Lowe’s, and Amazon, I don’t think the stock is ready to move up just yet. 2. Earnings...