This is a company that has quite a good P/E and has Bounced from the bottom of a Parallel Channel after printing Bullish Divergence on the MACD. As of today the weekly has closed near the breakout point of the Channel and has confirmed a Bullish MACD Crossover above all the major Moving Averages. Due to all this i expect that upon breaking above the channel we...
NASDAQ:FLEX Possible Scenario: LONG Evidence: Price Action TP1~ 19$ TP2~ 20$ Call options, Strike 20$, 05/21/21 This is my idea and could be wrong 100%,
$FLEX with a nice breakout. Love to see it trade a backtest for a week or two then explode rip into earnings 3 weeks out - Trading above all significant MAs - Breaking the band open - Cleared some serious volume nodes - 8 EMA crossing 21EMA while closing above 50SMA Bullish!!!!
Flex closed above the 50 MA MACD is reversing and the stochastic is starting to move as well The sentiment is going down, however when sentiment is down, if the short volume picks up, this can really move. Two scenarios: 1. pick it up now and you may need to hold for up to 60 days for returns 2. wait for sentiment to reverse and hop in once supply has dwindled
NASDAQ:FLEX Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100% TP1 ~21 for next week, easy 7% Profit
Ascending Triangle, confirmed Pros: Descending volume during formation Volume increase at Break out PPS above 50MA and 200MA ATR ascending, more volatility RS ascending and above 0 R/R ratio above 8 250MA above 50 Cons: 200MA flat May close gap and reverse at 16.57$ Targets: PT1 = 17,40$
Very strong trend, MACD bullish for the weekly, daily and 4h time-frames but bearish for the 1h time-frame. Supprt zone (Green rectangle) is stringer than usual due to the several EMAs in it. Likewise, we now have a bullish crossing of 200EMA & 100EMA indicating how strong the trend is and acting as support too. Yesterday FLEX recieved the Cisco award for...
Hey guys, FLEX is in a bearish fake dynamic with low buying volume and a failed buyer's attempt. The TIMEFRAME 5 1 Min an on going bullish continuation with a break in force of the VWAP to go in the direction of the last three highest See the 15 Min. Strong potential to fill the bullish gap to find the last precedent higher, not enough power to reach the...
Ascending Triangle + Long Wick Rejection of Support (Bullish Volume Spike) + Trend Line + Bullish Engulfing Candle Wait for a break of 10.55 before entering Long. Price Target: 12.26
Hi, today we are going to talk about the Flex Ltd and its current landscape. Huawei and its suppliers received exciting news, as the U.S. Commerce Department renewed a 90-day period extension, that grants to American companies’ permission to continue to do business with the giant Chinese telecom companies. Commerce Secretary Wilbur Ross's announcement included...
Coming into daily resistance and looking to continue its downtrend.
29/07/2019 FLEX LONG 11.36 11.04 0.32