Hey tradingviews community, IROBOT CORP is in a bullish composition with low past purchase volume and a kind of hammer candle. The TIMEFRAME M1 shows a marubozu with a low buy traded it goes on the base of the bollinger to test it. Then go to its highest in order to go to the top of the range to test it again. It is very plausible to breakout the price at the same...
incredible margins and revenue growth. EPS growth is excellent. 7 month price consolidation after breaking a downtrend. breaking out of previous resistance and moving above the 10wma on increasing volume. target price $145.
Breakout in IROBOT (IRBT) RSI at 60 and break in the trend line , only issue is volume is low today. Can wait how it behaves tomorrow. Resistance $88.26 ,$92 ,$98 and support $83.69 for stop loss at $83.50. Revenue: $1.3 billion Market Cap: $2.23 billion , I feel stock is undervalued.
IRBT should reach recent highs, then possibly more.
Another good risk reward trade here.
I really like the daily AND weekly chart on this one. Trend is bullish.
It has closed above the 50 SMMA MACD, ATR, stochastic are all in supportive positions. It's under resistance and the volume just isn't there quite yet. Once it breaks, hop in for a short ride.
ATR and Stoch are looking ok. Histo not flat but MACD line is turning.
my target would be 30-45, big dips coming imo! goodluck. leave a like you found this helpful! thanks <3
There is divergence in RSI, it had the retracement and it has a chance to raise up
Major resistance sits at $94 and as spending on the home increases , IRBT looks like a probable benefactor.
Cup & Handle is a "continuation" pattern of a prior trend, which in this case, was "up". The cup that formed represented a healthy 38% fib retracement of the up swing AB. However the handle is somewhat "deeper" than ideal. Nevertheless, the time appears ripe to bet on the continuation of it's uptrend with a potential C&H target @ 110. Caveat: Earnings coming up...
Nice break above previous resistance; earnings next week. Looking for a move to 100 pre earnings and another 20 within a week after. if you wanted out of this name, you got out in the previous month or so. path of least resistance looks upward.