In-depth trading ideas

Discover detailed market analysis from traders. See how others approach this instrument, compare different strategies, and discover perspectives that can shape your own view.

At resistance? Can be rejected here...

Inverse Eve and Eve double top correction Example of an inverse Eve and Eve double top correction, like an Eve and Eve double bottom which is a bullish reversal pattern, simply the opposite! A correction can be already seen to be underway.

TEAM: A Product I Used Myself Quick Fundamentals: I am doing a quick fundamental review of this company because I have a still sick. Yep, I used their products before. This stock symbol is TEAM ( Atlassian Corp.). They develop software to help team manage and collaborate better. Their IPO was in 2015 and so far have survived one of my rigid tests. Funds are piling in to this company hand over foot; so, there is support beyond the charts in the near future and beyond technical analysis. All checks for the US economy and stock market direction support this trade. Quick Technicals: 27 weeks of consolidation A strong base volume build up VPA confirmation So, I am in a long position in this company as of today. Target for 2020: Tentatively its 260 to 300 by Q4. That is when I will do another re-evaluation. Following the Rocketman means power for you!

TEAM Looking Like a Buy Over the Mid Term TEAM looks like a buy over the mid term. Look for a pull back into the $132-$140 range for a buying opportunity. Look for a price target of $176 before the next earnings call.

18:30

by CryptoCrispy

TEAM - Earnings Play Earnings expected move is 7% (High: $140; Low: $122). I sold a $117 put for $75. Do not think it will gap that low.

Atlassian Corp. Plc Looks vulnerable, wait for results Indicators are rolling over going into earnings. Historically volatile post earnings. Levels of Interest = $131 -129 support. $137 resistance Average Recommendation: Overweight Average Target Price:$153 Company profile Atlassian Corp. Plc is a holding company, which engages in the design, development, license, and maintenance of software and provision software hosting services. Its products include JIRA software, align, core, and Service Desk, Confluence, Trello, Bitbucket, Sourcetree, bamboo, opsgenie, and statuspage. The company was founded by Michael Cannon-Brookes and Scott Farquhar in 2002 and is headquartered in London, the United Kingdom. PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, IT IS REALLY APPRECIATED

by Bullishcharts

TEAM: I fully expect wave 5 to be extended. Sub (i) of 5 is done Wave A and B of sub (ii) looks done with A=C. Expect a wave C down.

Atlassian Corp trade setup Bullich reversal underway, possible long on break above Fibonacci .65 level.

by RedHotStocks

Entered calls on this today Big breakout. Entered calls today can be a big runner.

by Option_Traders

TEAM – Bullish Weekly Trend Incoming + Earnings Not currently in this trade but will be entering Monday. Stop loss $118. I will update if filled. Trade Entry Jan. 31 expiry. Put Credit Spread. $2.60 credit or more. Max loss $240. Max gain $260. Total probability of profit on this trade is only 56%. Low. EMA Cross, 10WeekMA cross, and earnings are reasons for entry. Close before expiry at 50% profit or greater. Looking to exit after earnings. If earnings are positive and no price spike, hold while collecting theta and waiting for price spike. Chart Details Chart is almost entirely bullish. Weekly trend about to turn bullish. There is positive price action every time this happens. Bullish EMA cross and bullish 10WeekMA cross are very close at $125. Options entry above takes advantage of moving average price crosses and earnings combo. About Me Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. Website will be ready for launch mid-January 2020. Thank you for your patience while I try to juggle everything and maintain the same standards. Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SPXS Bullish

by MoneyPatterns

$TEAM Breakout Expected to the upside?Symmetrical Triangle formation, expecting a major breakout to the upside.

In 125c Entered 125c today, waiting for next leg up

by Option_Traders

Waiting on breakout/down Weekly inside candle, multiple retests of channel. Price looks very compressed. Calls over 123.30, puts under 117.79

by Option_Traders

TEAM Dip buy Nice dip.

$TEAM Nice Triangle and breaking up...$TEAM has formed a nice triangle. I'll wait a day or two before going long just to make sure it's not a head fake... Patience... this will have a ways to run once it gets going. Of course, if it reveres it negates the set-up... ideas, not investment advice.

by Brent_Calver

Nice trend bounce $TEAM with a nice trendline bounce, missed the entry but nice chart

by Option_Traders

Nice hold $TEAM bulls with a solid defense on previous trendline

by Option_Traders

TEAM update We were long on 125c from last Friday, hit top trendline resistance, will wait for another entry or for stock to clear trendline. Then gap fill above

by Option_Traders

Long TEAM Long over 123.00

$TEAM Atlassian on verge of breakout from downtrend. Cloud stocks are finding some love again and staging a reversal. TEAM is showing signs of breaking from its current downtrend with $127-129 as a possible entry level. Volume is bullish and increasing. RSI on verge of breaking resistance. $149 average analysts price target| Overweight. 7.2% short interest. Upgrade details 28th Oct Bank of America upgrades Atlassian (NASDAQ:TEAM) from Neutral to Buy with a $135 price target, citing "an enhanced buying opportunity" after the recent selloff that has shares down 22% since an August high. Analyst Nikolay Beliov says the company has a "best of breed business model" and sees TEAM as better positioned than its peers to survive macro slowing. The analyst calls TEAM's 30% FCF margin and revenue growth "appealing" in a low interest rate environment. Source SeekignAlpha. Atlassian has an Outperform average Sell Side rating. Company profile Atlassian Corp. Plc is a holding company, which engages in the design, development, license, and maintenance of software and provision software hosting services. Its products include JIRA software, align, core, and Service Desk, Confluence, Trello, Bitbucket, Sourcetree, bamboo, opsgenie, and statuspage. The company was founded by Michael Cannon-Brookes and Scott Farquhar in 2002 and is headquartered in London, the United Kingdom.

by Bullishcharts

TEAM LONG The pro's of being stuck at a conference all week at work and away from the charts. May have missed the entry here, but will see how how the next few days play out. Would like to see choppy sideways/slightly downward movement towards the longer upward trend line. If I get this, I'll start a position with my stop just slightly below it's last strong upward movement. Depending on it reacts to its longer term upward trend line will decipher if we look for a simple backtest of previous support/now resistance or we shoot for something higher. **Please trade at own risk**

$TEAM Is A Swing Trade After Holding Key Support $TEAM held the key support level of $120 during yesterday's $WDAY selloff. The 200-day moving average of $120.32 held as the low for the day was $120.41 a share. We expect a strong bounce over the next few days as a swing trade. Atlassian Corporation Plc, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. It provides project tracking, content creation and sharing, and service management products. The companyâ€™s products include JIRA, a workflow management system that enables teams to plan, organize, track, and manage their work and projects; Confluence, a content collaboration platform that is used to create, share, organize, and discuss projects; and Trello, a collaboration and organization product, which captures and adds structure to fluid fast-forming work for teams. Its products also comprise Bitbucket, a code management and collaboration product for teams using distributed version control systems; and Jira Service Desk, a service desk product for creating and managing service experiences for various service team providers, including IT, legal, and HR teams. In addition, the company offers Opsgenie, an incident management tool that enables IT teams to plan for and respond to service disruptions; Jira Align that enables enterprise organizations build and manage a master plan that maps strategic projects to the various work streams required to deliver them; and other tools comprising Atlassian Access, Bamboo, Crowd, Crucible, Fisheye, Jira Portfolio, Sourcetree, and Statuspage. Atlassian Corporation Plc was founded in 2002 and is headquartered in Sydney, Australia. As always, trade with caution and use protective stops. Good luck to all!

by OptionsGains

TEAM - top?It's been a fabulous ride for holders of stocks in this company. However, I read an article concerning how the founders of this company have been selling a lot of their stock in since the beginning of the year and produced this as a possible wave count (calling tops usually leads to egg on faces).