FUNKO INC

NASDAQ

FNKO

Hey Funko strong bounce from the 200MA Overall trend is still upwards, with the daily hammer, my thesis is it will climb back up inside the channel. We can wait for pullback with the low of the hammer, below 200MA for the stop. Or just manage your R/R.

Funko had a substantial insider purchase on September 5, hired a new board member, and has had a lot of analyst upgrades recently. It now has a 9.1/10 Equity StarMine Summary Score. It's also rated highly undervalued by S&P Capital IQ. With several recent earnings beats, all indicators are good for this stock. Watch for a breakout above the ascending triangle.

Looks like a trend to me (hint....look at support and resistance).

I am by no means a financial advisor I have simple words on my charts explaining what I think the market is telling me based off what it shows me.

The stock breaks out the price range after decreasing volatility. I bought 40% of position at 24.92 in June, 20. And I would put the rest of position depending on the market move.

Funko just broke out above a critical resistance level. Not a lot of resistance from here up to 2018 highs of $31 per share. It's got pretty good analyst ratings, growing earnings, and a history of earnings beats. It next reports in early August, so plenty of time to run.

Potential Inverted Head & Shoulders could play out a bullish move for FKNO and push price levels to the $23 - $24 range.

Broke through resistance. EMAs curling bullish pointing towards reversal. MACD bullish cross potentially in the works. Good volume on pierce of resistance.

Broke through resistance, EMA pointing to bullish reversal, and MACD cross.

Still long Oct19 22 1/2 calls :-) Will watch closely but expecting to continue trending!

I chased, went long @ 21.66. Also Oct 22 1/2 calls. Will buy more on the dip which I'm sure will occur after it cools down. Revisit around noon

Poised.. Going long if crosses 21.00 which appears imminent!

Setup. 2 levels of support. -50sma support/remount. Also tested Lower Bollinger band -Oversold stochastics at extreme levels with Hammer Candle today. This setup has been working on momentum names all year.

$FNKO Beautiful uptrend. A good entry point was the $10 resistance breakout. The sma20 also provided at least 3 good risk-to-reward entry.

Share prices had a huge gap to the upside from the opening trade on Friday after the announcements of their Q4 net sales surged 25% and F17 net sales up by 20.9% Keep an eye on the volume and the direction. hope to see it continues to the upside. Potential support and resistance are marked on the chart. Good luck