AFG trade ideas
AEO Personally I feel strongly this wedge will play out to the upside. Strong bounce off long term previous resiatnce as support We did break long term resiatnce above tried to hold and fail. However it did make a new high. This backtest could be the one that rips us through the all time high. Safest buy from her is supprt above 26.50s. Otherwise watching 23-22$. Very close to a breakout
$AEO Break out Wedge
💬 This is a mid-term play, it's been consolidating around $34 level and formed a wedge and is about to break out.
✅ Q1 Earnings - Earnings per share rose 157.14% year over year to $0.48, which beat the estimate of $0.46.
✅ The analyst price target of $38
✅ Dividends -American Eagle Outfitters Raises Qtr. Dividend From $0.1375 To $0.18/Share
How To: Screen for Stocks Making a Bullish MACD CrossoverThe MACD is one of the most commonly used indicators as it can help traders identify the strength of a movement, as well as direction, momentum and likely duration of a trend.
In this video we use the TradingView Screener to filter all 10,000+ US stocks and ETFs down to a small handful of shares that we can then go through and review.
The filter was set to look for stocks where the MACD was crossing up through its SIGNAL line on the previous days trade - often seen as a bullish signal and sometimes the start of a longer term move.
To reduce the number of results even further, we used other filters that allowed us to search for stocks over a certain price, where their performance over the last 3 and 12 months was in an upward direction, and where there were signs of unusual volume coming through.
The screener is the ULTIMATE way to get your own free signals every day.
Hope you like and find the video useful. Give it a thumbs up please if you do :)
AMERICAN EAGLE OUTFITTERS Opportunity DailyHey investors, AMERICAN EAGLE OUTFITTERS is in a bullish movement with a large buying volume we see a slowdown. on TIMEFRAME 4 H. AMERICAN EAGLE OUTFITTERS is in bullish continuity See TIMEFRAME 1 min, she goes to next high. We can go above to go to the next higher, which corresponds to the middle of the past sharp drop.
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American Eagle Outfitters - Multi-year Support BreakoutThe past 3-months' pullback seems to confirm the bearish breakout.
RSI is currently just above 40, and a drop below 40 is needed to further confirm the breakout.
Stochastic is currently under 20, the pullback was so quick that the stochastics did not show a retracement.