Hi there. Price is forming a reversal pattern to change its direction. Wait for the price to complete the pattern and watch strong price action for buy.
Speculative long at 9.05$ $MAT on long horizontal + diagonal support confluence & bottom of the local trading range. Would at to position if 2W candle closes above 10$.
MAT looks like it has been consolidating for awhile now and with the recent put sweep and selloff in the markets, it looks ready for lower. The $9 puts for 17Apr have 43k oi and look very good if we reach our final put target, as long as this stays in the box we should be good to go lower.
The fundamentals are a little ugly, but if I were a contrarian investor, this one looks ripe. They say to buy when there's blood in the streets. The technicals indicate very low risk. You couldn't ask for a cleaner double bottom. It's also breaking out of well established downtrend resistance (dating back to mid 2016). This is a buy.
Technical MAT broke and sustained its 200sma resistance a couple of days ago. Todays candle above the trend (pink trend line) are confirmation MAT longer downtrend might be over. Fundamental / News December 15th tariffs were removed, easing pressures for them. However, 25% tariffs will remain on $250 billion Chinese imports and 7.5% will be put...
The fundamentals are a little ugly, but if I were a contrarian investor, this one might look ripe. They say to buy when there's blood in the streets. The technicals indicate very low risk. You couldn't ask for a cleaner double bottom. It's also consolidating very tightly under well established downtrend resistance (dating back to mid 2016). I would watch this...
$MAT is trading higher after delivering strong Q3 earnings and putting its accounting issue behind it. Here are the highlights from Q3: Dolls sales were up 5% during the quarter off a double-digit jump in the Barbie business, while the vehicles category saw a 13% gain off a stellar quarter for Hot Wheels. The company's adjusted gross margin rate improved 390 bps...
News/fundamental The USTR says that the tariffs on some items, including “certain toys,” will be delayed until Dec. 15. September is a key shipping month for those companies as they prepare for the holiday shopping season, when the majority of the industry’s business occurs. Hasbro told CNBC earlier this month that it would have “no choice but to pass...
I guess is started a 3 minor wave that will bring the prices more over 17$
Pin Bar, nice signal bar off the EMA at trend line 2nd entry/2nd low
Hi there. Price is forming a continuation pattern to the upside. On lower time frame price has already made the first impulse and currently is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
After a spike in Early February it soon...ate up almost all of its gain the same day after a cut in earnings(Circled in black). Now why am I short? Well Let's take a look at demand for what Mattel sells. Toys, Board games, and dolls(famously Barbie). The plummet was due to a MASSIVE cut in earnings and terrible guidance for 2019 to be FLAT. Mattel blames Toys R...
Mattel has now pulled the Rock n Play sleeper from the market which has now been associated with the deaths of many poor little infants. There is no good outcome to such a issue for the company and families, it is inevitable that this will cause unease among investors, retailers and consumers.
Big guy on patterns, everything else is just noise. Right on key resistance, but it look like it's going straight through it 20 SMA is right there holding it up (the little sma that could). Could be an extra simple set up here for some fast gains. uc.