📊 Analysis: Acquisition of Mattress Firm: NYSE:TPX has acquired Mattress Firm in a strategic move valued at approximately $4 billion. Vertical Integration: The acquisition complements product development and manufacturing capabilities with vertically integrated retail. New Flagship Products: Launch of new flagship products addresses consumer pain points and...
Top confirmed on $TPX on the weekly - High volume previous week - Trigger on bearish flag pattern
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on February 18, 2022 with a closing price of...
But in this instance i think on a relative value basis, theres a bit more near term room for upside in the land of the rising sun. Retail Japan have been heavy buyers of US mutual funds and for good reason given the hefty outperformance. Earlier in the year BoJ announced that their ETF purchases would be more in TPX than NKY and given the Omicron overhang, I...
$TPX traded to a new all time high of $39.40, closing the session at lower at $38.51 as major U.S. Indexes were flat in overnight trading with investors awaiting for the outcome of the U.S. Federal Reserve’s two-day policy meeting in the later trading session. The overall gain achieved for $TPX in this month of March has exceeded +15%, with price action treading...
the chance is still there.
Stock pick on work harder investment, first stock pick
I love this bed and there is a chance for entry
Wide Aussie - JGB yield spreads in the 2000’s leading up to ‘08 crisis made Aussie dollar / JP yen the go-to levered carry trade used to fuel the US housing CDO bubble (with subsequent bubble burst → mass unwind which strengthened jpy to 70 vs USD). Post crisis era saw the AUDJPY carry trade out back on. 2016- BOJ implements YCC, pinning 10y JGB yields at ~0%,...
Here is a great opportunity to pick up TPX . At Three Percent Trades we have a price target of $90.00 / share, which is a potential upside of 14.6%. We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage.
Technicals RSI(10) @62 reaching for higher highs - OBV confirming trend ADX (directional index) on a continuing positive trend We see a very bullish move, as a hammer candlestick is formed at the 61.8% retracement level. ----------- This is happening as the market as a whole is on a rally. I would wait to see if we can break $68 (heavy resistance) on...
On both the daily and the hourly chart, TPX has been creating a pretty nice divergence. I'm thinking this will be a position I sell by the end of the week depending on if it goes overbought and/or starts breaking daily moving averages. I don't use intraday MA's as I like to swing and, in my opinion, see daily MA's as the strongest of support/resistance.
TPX seems breaking out of a inverse H&S formation. It has broken out the neck line, retested it from upside & now resuming its upward move. We think it was good upside potential from here. * Trade Criteria * Date First Found- July 13, 2017 Pattern/Why- Inverse H&S formation Entry Target Criteria- From current label Exit Target Criteria- 1st Target $55, 2nd...
There are a few names popping up on my radar for earnings plays, but when I "look behind the curtain," they aren't that attractive ... . TEVA, for example, announces on Monday, but it's an ADR, so it could be before market open or after market close or, indeed, not at all, but on some other day. It's tough to put on a volatility contraction play when you don't...