Over the last three days, I have detected that HEAR's AroonUp green line is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month....
About Turtle Beach
Turtle Beach Corporation(ticker: HEAR) is an audio technology company. It designs audio products for consumer, commercial, and healthcare markets. The company markets premium headsets for use with personal computers, mobile devices, and video game consoles under the brand Turtle Beach (TurtleBeach.com). Under the brand HyperSound...
Here is a great opportunity to pick up HEAR .
At Three Percent Trades we have a price target of $22.67 / share, which is a potential upside of 107.0%.
We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage.
This ticker has been pushed down around 75% on increased red candle volume for quite some time now and just filled it's gap from 10.71 to 8.43 (all the way from 35). Look for more volume and capitulation as market makers prepare for next bull campaign and fill up their baskets...unless the fundamentals of the company are just terrible and I didn't look close...
Buying the monthly breaker that’s confluent with the 70.5 retracement level. Aiming for the next zone of supply that hasn’t been hit just above the last high. This idea is based off the monthly chart so I’m expecting targets to get hit towards the end of the year. A strong monthly or weekly close below the 79% level at $7.20 would invalidate the trade.
Buy near the Yellow Line or near Red line.. Set SL .05 below RED line .
GREEN line is to take profits depending on your PT.
Fundamentals for $HEAR is good so it might be considered a good long term hold. Depending on the trend I will add near support.
1. Plan your trade
2. Money Management (if you plan to add on strength or...
HEAR is currently doing 5 waves down for a corrective Wave A. We are currently in a Wave 3 sub wave, of the 5th Wave.
Target for Wave 3 of 5: 9.16 USD
Target for Wave 5 of 5: 7.22 USD
Disclaimer: This is my prediction and I am posting for education purposes only.
Be fearful when others are greedy and greedy when others are fearful.
Fear appears to be the case with $HEAR bulls at this point and greed with bears. Is there a hope for bulls? Let's see.
There is a 75% short interest in this stock right now. If this isn't a world record it should be close to one.
But shorts are not the ones hurting right now, they...
All coiled up for earnings, P/E ratio of 6. If they beat last Christmas, this thing's gonna have a PE ratio below 5, lol.
Lots of short interest, they're reporting Christmas earnings. 1k shares. Options premium is a little too high for my taste, bought the stock.
Turtle Beach Corp. engages in the development, commercialization, and marketing of audio peripherals. The company was founded by Elwood G. Norris and James A. Barnes in 1975 and is headquartered in San Diego, CA.