Swing based on apparent reversing and clear level of support, a stop loss and a gap fill as a profit taker.
Analyst ratings for this is at 10.
About $1,000,000 worth of insider buying at approx 2.90
Still quiet discounted.
Demand Zone Confirmation
WR crossed -80
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
I created some tradingview scripts to improve my trading...
Finally back in the gap on GOED with strong volume to start the week. New coverage from ThinkEquity puts a Buy and $12 target on the stock. I think now it comes down to continuation and follow-through. Secular trends will likely start playing a bigger role if or when it breaks back through this gap.
"Q2 has been a strong quarter for 1847 Goedeker. Since May,...
GOED hanging out in no man's land. I like the climb it's had so far but big question mark as to whether or not it can break through the upper limit on this gap. Open to some thoughts but found this to be interesting:
"During the pandemic, home improvement has increased dramatically with more people having the time to spend on it. This helped 1847 Goedeker...
grasshopper found this and here is the chart, i agree with the sentiment will be a good one to hold for a while. short term flip incoming, some nice ez gains like everything else right now lol. memorize this moment on the chart, this is what a winner looks like
Covering Goedeker ($GOED) today for a favorable long set-up (taken from our tradingroom)
1847 Goedeker provides a one-stop e-commerce destination for appliances and furniture. Recently Goedeker announced (27-5) and completed (2-6) an underwritten public offering on which it dropped to a sell-off extreme of $1,80 at the point where pricing of the...
1847 Goedeker Inc. operates an e-commerce platform for appliances and furniture in the United States. It also sells fitness equipment, plumbing fixtures, televisions, outdoor appliances, and patio furniture, as well as commercial appliances for builder and business clients. The company also provides appliance installation services and old appliance removal...
Recent quarter saw the first income for this company since IPO after a record 84% increase in revenue. In an aggressive move the company raises $250m through issuance of new shares to fund the acquisition of appliancesconnection.com and business operations. The out performance of the quarter combined with the share holder dilution creates enough volatility to be...
1847 Goedeker, Inc. operates as an online retailer. It provides home furnishings, including appliances, furniture, home goods, and related products. The company was founded in 1951 and is headquartered in Ballwin, MO.