As I wrote in my NDX thread I am finding charts in weak position to short considering that there may be a market correction in the pipeline. When a correction comes, weak charts will often move first and so it can be useful to get in early if you have an awareness. If there isn't a market correction then no harm is done since the chart is already in a weak...
Investors, get ready to nurture your portfolio with Central Garden & Pet Company (CENT). This company is flourishing in the pet and garden sector, offering promising growth potential. Let's explore why Central Garden & Pet Company is a thriving investment opportunity. Technical Analysis: Multiple Timeframes: Our analysis covers various timeframes, including...
$CENT posted its earnings with a positive over reaction following its release with the PEAD projecting a bullish outlook for the stock placing it in Drift B If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Double Top Pros: Descending volume during formation RS flat and under 0 R/R ratio above 8 PPS below 50MA ATR Flat Cons: 250RSI above 50 200MA ascending PPS above 200MA It confirmed: PT = 27,89$
Anotehr one that likes to melt up then tank on earnings. Chart is pretty obvious.
show strength on down day bull sign! Pet products bull sign! Costco bull sign! I’m BULLISH Buy small Buy often Take profits Stay liquid
I like this little stock because my dog loves the dog bed he just got from Costco made by CENT
CENT IS DEVELOPING A CUP & HANDLE W/ LONG IMPLICATIONS. IN ADDITION, PRICE IS ABOVE OF SMA 50 AND THERE IS A POSITIVE DIVERGENCE WITH THE INDICATORS. ENTER WHEN PRICE BREAKS UP AT 39.31 WITH AN INITIAL TARGET OF 42.29, WHICH HAPPEN TO BE 1.618% EXTENSION OF FIBONACCI. I BELIEVE THIS COULD BE AN INITIAL POINT OF MUCH LARGER TREND. THIS PATTERN IS FOR...
Stock is leaving the step area indicated on chart. Initiate position and set stop loss at 5% or $34.50