On the above weekly chart price action has corrected almost 90% since the sell signal (not shown). Now is an excellent long moment. Why?
1) A strong buy signal (not shown).
2) Price action is printing on past resistance, look left.
3) Bullish divergence.
4) Weekly Dragonfly DOJI candle.
5) No stock splits.
Is it possible price action falls further? Sure.
Is...
QRTEA seems to be priced as if it were going to go bankrupt in the next year or so (my interpretation of the financial's does not support that idea).
In respects to only what I am seeing on the charts, i believe QRTEA has potential to go upwards of approximately $12 although i believe just under $10 is a reasonable/safe target.
Downside from here seems to be...
It appears QRTEA is facing a bottleneck once we draw the bollinger band on a weekly basis, meaning low volatility, this situation usually do not take too long before it starts to widen up. We have a positive EMA Cross which can be considered as a bullish signal. If we take both indicators together, it may be possible to expect a maeaningful ride on price during...
Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 1.1/61.80%
Chart time frame : B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance....
Opening a long here in QRTEA, unknown micro cap that the big shorts Micheal Burry has just bought $10 million shares in
It's a micro-cap company (market cap just $750MM) which engages in engages in the video and digital commerce via television networks and e-commerce sites. Technical's look good here for a bounce at least and i expect the weekly MACDH to turn...
Since 2015 this stock has reached a peak every 3 years approximately, as it happened in 2018 and 2021, this time it could happen again around mid 2024 as the price has plumbed drastically, reaching an all-time low.
If this is true, then price could be around 7 to 10 dollars during 2024. If "Project Athens" is succcesfful and the company is able to regain...
Qurate Retail, Inc. is engaged in the video and online commerce industries in North America, Europe and Asia. The Company operates through its subsidiaries, QVC, Inc. (QVC), which includes, HSN, Inc. (HSN), Zulily, LLC (Zulily), and Cornerstone Brands, Inc. (Cornerstone). Its segments include QxH, QVC International, and Zulily. QxH segment consists of QVC U.S. and...
I have several sell levels and buys on different levels, $3.99 area is first one ,lots of bears there from previous sell off,so be very careful there when it touches that zone and take profits if it dips,you can always join back in using profits.. If it doesn't sell and bulls take control @ $3.99 zone then the next sell level is the $5.15 zone,bears stacked there...
Entry point long here is a no brainer in my opinion. This is how wealth is made. Not investment advice...
Trade safe and have fun!
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Journey from 1k to 10mil!
Qurate Retail, Inc. owns and operates seven leading retail brands in the U.S. and abroad, including QVC®, HSN®, Zulily®, Ballard Designs®, Frontgate®, Garnet Hill® and Grandin Road® (collectively, "Qurate Retail GroupSM").
The cheapest stock in the market!
Qurate Retail Inc Series A
Qurate Retail, Inc., together with its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. The company markets and sells various consumer products primarily through live televised shopping programs, Internet, and mobile applications to approximately 218 million households. It also operates as an online retailer...
Whats up guys!
Hope everyone is doing well!
Lets take a look at this value stock also known as QVC on the weekly chart.
-Price is trending above the 21 and 200 day moving averages.
-RSI, volume and MACD showing signs of a slight pull back.
-Possible cup and handle forming as well as as a megaphone to the upside!
let me know what you think in the...
