Hi again! Going long CUTR at 37.35. Target will be 39.53. It may pull back to 36.70-36.90 first, so you can wait and hope for a better entry. Please apply your own strategy! I feel the best we can do for each other is point out good setups! Maybe I can help you save some time! I like this one!
$CUTR has completed a very nice looking C&H pattern on the weekly chart
After the earnings results it has broken and closed multiple weeks above the resistance line at 32.70
MACD and RSI are somewhat extended , but keep in mind is a weekly chart so there is still some room to run
Measured target is at 53.08
I think it will take much more time to get this company turned around and not a fan of the board changes. They already pre announced the quarter which is why the stock moved for the past month. Could be a potential short just not enough intel.
When is a good time to short?
Stochastic RSI gave a sell signal on 29DEC17
Stochastics Momentum Index gave a sell signal on 3JAN18
Volume-price trends looks like it may give its sell signal tomorrow, 5JAN18
I think that tomorrow would be a good time to short
The least amount of risk
Since in the recent past the price candles seem to overlap, I'm going to short...
Today is Aussie Father’s Day. Happy all fathers !
CUTR is searched under VectorVest Unisearch – Trends – Rising Stops
This stock is chosen because it has a rising Stop (VectorVest Stop price) for at least 6 days in a row.
On 31-Aug, we finally have a confirmed calls Up signal (Prepare your shopping list, dads)
CUTR has very nice values on 31 Aug as follows: