This may drop even further before finding the support, for now it seems to be right on the support(break down possible in coming days)
See attached. Hope you were patient with me.
TREE As noted in my previous post on LendingTree (linked) this is a patient trade that requires a trader to display discipline and belief in the trading plan. The accumulation zone was noted as 285-270 in previous post, and this week TREE hit sub 285 for the first time on the pullback in formation of a true cup and handle pattern. I say "true" cup and handle...
TREE Dont jump the gun on this one, but rather over the next 6 weeks begin accumulating some Lending Tree shares or options in anticipation of a continuation pattern upwards. See below for more close up look. The cup and handle pattern is one of the most misused patterns I see on here, as everyone just wants to call any round bottom a "cup and handle". They are...
THERE IS BOTH A SHORT AND LONG OPPORTUNITY IN NASDAQ:TREE , THE STOCK IS SETTING UP FOR A BREAKOUT BUT THERE IS SOME BEARISH DIVERGENCE ON THE CHART, A BREAK OF $400 BULLISH, ON THE OTHER HAND A FAILED BREAKOUT IS A FANTASTIC OPPORTUNITY TO SHORT. SHORT INTEREST 24% COMPANY PROFILE LendingTree, Inc. engages in the operation of online loan marketplace for...
Rising wedge with over head pivot points. Bullish
It's been a little difficult finding charts worth my time to post. Not only because just about every ticker is in top 10% of its historical IV% percentile, but to me, I just don't see the opportunities some other people might in being long. Nonetheless, I still don't even think people completely understand the fragility of our financial market. Not only are...
43% discount from the high, it will drop more and then go back to new highs longer term once even more credit gets unleashed in the system. Short for now is easy money. Really does not mather how expensive the optionchain is, nothing is stopping this from falling further atm. I would suggest some medium term options (half year) nothing more.
Huge move today and still more to day. I like this to the 100MA on the weekly chart. I love the last 2 times we had big moves on the stick because it ran for multiple days and big moves.
shorts get recked again... There is no profit taking in private debt... MOAR MOAR MOAR :).
Lendingtree buymoment. Buy debt under creditism. Daily at support. Long till equitymarket crashes (hint not now yet).
TREE is ridiculously priced; the CEO admits that just 2% of mortgages are TREE referrals. I thought most people knew TREE is an information selling site; they issue no mortgages, take no risk and depend on those looking for mortgages to enter their data hoping to get a good mortgage rate. What consumers "get" is their information sold to mortgage outfits that...
NASDAQ:TREE MACD Divergence 4H Short. Hedgies bots pushing it up to fake it...
47% short interest. ready to jump in on break of resistence
I won't touch it even though stock screener protocol and ROI are good. Chart is not so good, I will wait for the dip and again if numbers are good, I may enter. Be careful it is mid-cap. Just wait for ER tomorrow.