5/21/24 - vrockstar - 1 bn fcf on 15 bn ev is MSD fcf yield, ok, 15x PE on msd rev grow and 10% eps growth, ok. 6x sales meh, like 5x more for this growth when comp to similar or better growth B2B/non cyber names. not outgrowing leaders is drawback in this industry. israel geo also tends to get disc. in this mkt stock seems fairly valued all else equal ~150$/shr....
The scallop pattern is nearly finishing with price settling at the top of the pattern.
I expect a move upwards to conclude a W like structure that I have pasted with the bars pattern tool.
Similar W patterns can be seen in the past along the ascending scallop.
The PEAD projected a Bearish outlook for $CHKP after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 66.67%.
* Excellent earnings
* Very strong up trend on the longer time frame
* Breaking out of a 15 month base
* Sector: Technology - Software - Application
* Relative Strength vs. Sector: 3.81
* Relative Strength vs. SP500: 10.48
* U/D Ratio: 1.95
* Base Depth: 25.82%
* Distance from breakout buy point: 1.75%
* Volume 13.76% above its 15 day avg.
Trade Idea:
* You can...
This one is involve in online or Cyber Security. Given the current geopolitical news, I think it’ll be a hot sector til everything calm down.
I like the dinosaur head shape tops. lol
Creating a good demand zone (see 10 min)
What’re your thoughts?
Conviction: 5/5
General Thesis
bounce from long-term support (1997), although it was broken in 1998
although a bit of indecision around 2000 peak (dash line)
Weekly RSI not quite at historical BEST buy point, but quite good
hovering near 200W MA
Growth
Margins high and stable
growth is low but around 50th percentile compared to self
Value...
This stock has shown a tendency to bottom out for exactly 7/14 days. I'd personally strongly consider buying the 110 calls for 400$ (exp dec 17) on Friday if no move has happened by then so I could own the position prior to Monday.
Naturally, don't actually do that. These are just my speculations.
If this doesn't work I will make me feel like an idiot.
I spent a lot longer on the scanner than usual trying to find a "perfect" setup, and I finally came across this picture perfect up trending action.
The chart as a whole is not great up trending overall, but this recent action is enough to fool me. This to me looks like the chart is saying buy buy buy. If...
This stock gets shorted to death!
No rising wedges noted in this chart
Can a stock move up if the short folks are all over it all the time? Remains to be seen
It is like they choose certain stocks and short it to death
NV is very high
Short interest is high
Not a recommendation
I am currently favoring the bullish wave count over the bearish one. The defined range is highlighted in blue. The green lines give an estimated direction higher while the red one gives an estimated direction lower. I am tracking a break out move higher for CHKP but added the overlay of the bearish wave count which is still possible but seems less likely.
Hey people, CHECK POINT SOFTWARE TECHNOLOGIES is in a bearish configuration, attempt by sellers refused. CHECK POINT SOFTWARE TECHNOLOGIES is on a bullish support trend, which it will break to seek its last previous lower.
Big volume of sales executed, strong potential for growth in the area. The interesting level are the two candles coming out of the equilibrium...
After a good earning report stock is consolidating in the range on the chart
long/short entry level are on the chart
targets are initial moves, momentum can take the stock further
