FLEX waiting for 27.99, double bottom, entry 28.00, SL 27.94 TP1 28.18 TP2 28.30 TP3 28.42
FLEX broke out of a cup and handle pattern in November. And this was a 3 year cup with a 2 year handle. After hitting ATH in January, it has retraced to the breakout level at 20$ with lower volume. Wednesday's earnings were the trigger to wake up FLEX once again. Looking for an opportunity to add to portfolio.
FLEX inside monthly supply zone. Broke weekly supply zone. Sell Volume increasing, CMF falling down. Short trade opportunity 2.5 RR available ?
Well , take two. After I de risked the first time , the trades raised stop hit , and kicked me to the curb . That's one thing about the way I like to de risk , lots of stop outs and the requirement to get back in when the stock tells me to . I am not a fan of the looser price action here last few days , still a TT's name with a major 2/2 gap open and strong RS ...
Took this one at/near close . TT's name with open 2/2 gaps and nice squiggly lines .
Breakout and retest complete above a long term support level. Inverse head and shoulders pattern.
Do you see anything interesting here? 6 years with positive earnings
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$