Becoming overbought but still has a few days of a rally ahead while the shorts continue to get burned. Earnings were good despite the shut down and the companies P/E ratio is beginning to become more acceptable.
Contextual immersion trading strategy idea. iRobot Corporation designs, builds, and sells robots for the consumer market in the United States, Europe, the Middle East, Africa, and internationally. The share price fell after bad earnings. But then the price continues rising. The demand for shares of the company looks higher than the supply. These and other...
Yes Sir, it can happen. I will buy any pull back in between.
Contextual immersion trading strategy idea. iRobot Corporation designs, builds, and sells robots for the consumer market in the United States, Europe, the Middle East, Africa, and internationally. The share price fell after bad earnings. But then the price continue rising. The demand for shares of the company looks higher than the supply. These and other...
Regained 200 moving average support Volume spiking. Indicators bullish. Some quite strong resistance levels above.
If it closes above that red trend line on a monthly basis and stays above, then higher prices to come. Otherwise it can turn around.
We are currently sitting on a strong support area. But also we are sitting on a strong bull trap in overall stock market, so my feeling is that we will see more downtrend and within the next weeks / months we will hit under 30 USD mark for IRBT. Boxed area is what I am looking for to start filling my positions. In "worst" case we can even break the downtrend support.
In the post Virus world, there may be room for a robot....
Caution! High volatility stock (5-7% volatility daily). Buy IRBT at the levels of $49-$52 (Avg price of $50,5). Take @ $60 ((+18,8%) Stop @ $46,6 (-7,7%) The price is at it's 52w lows. Very cheap to buy If the price slumps below 47, it is better to fix a loss due to high volatility of the stock.
IRBT - I'm expecting a move up. What I like: - Half-assed inverse head and shoulders on a daily - Start of an uptrend (albeit disorganized and choppy) - Relative strength with the indexes down over 1% - Holding closest symmetry support at $50.20 - Cluster of symmetry support from $47-48.33 with the uptrend line -786 fib retracement at $49.31 - Big ass gap...
Right here is nice price, lots of upside to come!
Love to see a pull back to that down trend line before reaching my target.
I opened a position in this just before closing at $57.99 I like that it held it's gains going into the close. It's a decisive breakout on earnings. Let's see if it holds. My stop is low of day today.
Possible entry level $%55.00 Target price to top of channel $60.00 Stop loss $53.00 PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL
Dint manage to break out, exited my position at 58today, will wait for the confirmation if it holds 52.77,
Need to break the resistance