$FIX Comfort Solutions On Breakout Watchlist
Potential long in the coming days on break above $55 with $61 as potential target
9CF trade ideas
FIX Potential Breakout with Saucer Bottom formationNYSE:FIX First time poster so please do not construe my post as any form of advice or recommendation. I'm simply doing this to help me improve my chart analysis and hope to get some useful criticism.
Possible saucer bottom with platform preceded by a long base formation at the beginning of the year. The volume pattern appears to be consistent with a saucer bottom due to its declining volume as the price goes up. Expecting (or rather hoping) for a breakout should volume dramatically pick up.
Feel free to let me know how far off I am. As I said this is a learning experience for me.
FIX - Praying that the market doesn't F mePosted great earnings, any other week, it's probably go for the gap fill but 50 pt gap down tomorrow...
50 pts is usually worth $1 or 2 for this stock so maybe it has a chance of getting to $50 -52 range? I dunno, feels like I got screwed already, but we'll see what happens tomorrow.
Maybe I'll get lucky and tomorrow will be one of those messed up days where the market gaps down big and goes up all day.... We're due for that.
Long FIX Chart of FIX looks much oversold.
Buy Zone: $42.50- $39.44 area
Stop Loss: Daily close below $37.05 area
Target: $74
Position Size: 20/100
Best of Luck
