Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Generally holds the ~$40 area, and quick swing into before next earnings. My risk/reward is around 25 days, with at least 10-12%. It's an easy play.
As shown in the chart... Mimecast stock is expected to bounce from the up trend which was formed during March 2020 (COVID Crash). Now it's developing a rounding bottom pattern which will eventually (as per my view) create a cup and handle formation where the neckline will be the blue line drawn at 48.72 resistance level. My target price will be in the pink area...
look at that weekly consolidation - ready to pop and blow up long above 55 stop loss at 52$ I'm personally going to be buying leaps on this name - a weekly break above this super long consolidation is a bullish reaction normally we find that we fail after testing resistance the first time, 2nd time and 3rd or 4th time usually breaks through resulting in a new...
Looks like it's trying to breakout. It's tried 2 times in the last couple years. Looking for a breakout above $54.70 to go long position. IMO DD
$MIME has been trading inside a classic ascending triangle since early May and has broken decisively yesterday on almost double 20MA VolAvg RSI at 65 and MACD in positive area, both with plenty of room to run before overbought condition are met Stock trading above all 3 major MAs Measured move target is around 51.48 Good luck, TA
Fundamental metrics - Gross margin > 70% - Just entered profitability with a net margin of 0.04% - Revenue growth 25.4% - Rule of 40 = 0.04+0.04 = 25.4 - Free cash flow growing slowly - The net revenue retention rate of 111%. Existing customer base alone has added 11% of revenue for the year ended 2019. 1100 new customers which is about a 30% increase - Financial...
Possible reversal trade with short and mid term opportunity trade back to resistance or more conservatively wait for possible inverse H&S breakout In a report released yesterday, Saket Kalia from Barclays maintained a Buy rating on Mimecast (MIME), with a price target of $58.00. The company’s shares closed last Monday at $48.62. The word on The Street in...
Bounce off 100MA, Keeping it simple
Mimecast Ltd. engages in the provision of cloud security and risk management services for corporate information and email. Its archiving services secure, store and manage critical corporate communications and information to address compliance and e-discovery requirements. MIME reported a beat on the top and bottom line yesterday after the close. Prior to the...
- Bearish overall market - Significant upper shadow - 5ema pierced into near bottom of breakout bar - Prices were a bit choppy last week + Prices broke out approx. -3w with ultra high volume + Side way price movement with narrowing range and very low volume + Broke out bar supported by 5ema and high volume + Bullish Trend Intensity + MACD crossing upward
That means there is no taget resulting from the chart. We are in new land. But as the window of Septemer 29th couldn't be closed and we managed to break out impressively to new highs I can easily imagine that we shall see more of them.