Hey people, HANESBRANDS is in a fake bearish configuration with a big four explosion in sell volume and a long wick. In the TIMEFRAME 1Min a bull shadow on an early uptrend hums over the Vwap. So with all these conditions are met for the title to go up, big possibility of reaching the next high. Then breakout the consolidation area and go wipe the losses on the...
Not for any advise Just an Idea
I'm learning all this- please do your own DD and feel free to criticize my work I jumped on entry too soon but it was 50% of my original position intended and yes - if it ends up bouncing from here then i'll just put my SL on my entry , if not then i'll update the idea I'm thinking of little long term hold on this -like December or so considering Holiday...
Current Position - 100 shares at 9.9$ (holding since Friday, May 29) Exit Target - 11.5$ Bullish on this one. Indicators and trading volume indicating a rise in price. I've been following this stock since Friday and if I don't get to sell today at my target price, I will hold for one more day. If things go south, exiting at 9.25$ assuming a small loss. Very...
This morning I decided to add HBI to my watchlist. The current price is $10.21. Support levels at 9.30 and resistance at 14.85. Had a pretty big dip in price yesterday of over a $1 per share (about 10% loss). I've read a variety of opinions on this one. Group chats seem to be equally divided among bears and bulls. Personally, I'm going bullish on this one. I do...
Stock HBI seasonality starts to Buy date on February 4 and ends Sell date on April 3 Percent Profitable is 92.31% in 13 years and an average return of 15.11% per year
From the impulse wave down in Q2 we see HBI made a .382- retracement before making a 1.27+ extension. Again from the impulse wave down in Q3 Hanes retraced again .382- it is now consolidating and interestingly we are one day away from the time period it took for HBI to breakdown in late June, early July; will history repeat itself?
To see full idea from ST follow me on Tradingview...HBI is undervalued and has been a 5* Stock on MorningStar for some time now, well below their 5* price of 19.25. 3.65 % div yield; and 61% undervalued using DYT; 38.6% margin of safety using DCF. PE is 11.02, 52% less than industry and 80% less than 5 year PE. HBI has been in downtrend since 2015, but has...
H & S on $HBI but not yet confirmed. #STOCKS #OPTIONS #FUTURES #DOWJONES #BITCOIN #BONDS #HARMONIC #DIVERGENCE #BULLISH #BEARISH #OIL #DOLLAR #GOLD #SILVER #COPPER #TLT $SPX $SPY $DJIA $DIA $RUT $NDX $ES_F $NQ_F $CL_F #BZ_F #NG_F $SI_F #GC_F #HG_F #6A_F #6B_F #6E_F #6N_F $USD $GBP $EUR $CAD $AUD
Bearish divergence on lower time frames, a pullback to a weekly resistance level and now it should head down.
EMA and MACD crossing over with previous valley passed
Be careful with volume divergence. Generally hints at a non-valid move.