Match Group Inc. may get boosted, because of the holiday time (Christmas, Valentines Day, etc.) and as a result there will be more traffic on the platform (Tinder) --> Social Analysis
The MACD takes distance from its zero line, which confirms the upward trend and is going to increase, which certainly support the trend.
The chart is braking out of the two bands,...
$MTCH is in a new channel between $48 and $60\
Powerful moving stock with alot of growth potential, one of the highest returning stocks the last 2 years, averaging 100% growth per year
MACD is beginning to Cross from a relatively low position with RSI in its mid range.
A similar setup was before the spike of $38 to $50 and then its range in the $50s
MTCH is currently consolidating in a symmetrical triangle. Since symmetrical triangles are continuation patterns, we will likely see price break to the upside next week. However, be ready to play both sides of the breakout. MTCH currently has super high levels of short interest with 49% of float being shares shorted. If we break up, we can see a short squeeze to...
For this post, I want to bring up and recommend ROKU and MTCH, which have been two of my best performers this year and are just beginning to break out to new ATHs.
Said simply, I think these are both ~$100 stock. I think that this price tag is likely going to come sooner than some might expect due to multiple catalysts that I will talk about in future posts. I...
Up sloping Bull Flag
Uptrend favors LONG
- price action has returned old Up trend into a regression line
-overall is in an uptrend
-all time highs
- bear butterfly
- options straddle/strangle
- protective put