SKIN entering the load zone, may be stuck here for a while so lets wait for a clear break past resistance zone first before taking a position. Long trigger 13.26, short trigger 9.31
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NASDAQ:SKIN looks like it wants to gap-fill between $13.60 and $14.85 before any strong move up. The gap was due to an earnings beat. If it does move up thereafter, it'll need to break the falling wedge's resistance to show a change in the descending formation. But, in the near-term, the target is to fill the gap below.
MFI divergence. trading outside of the bollinger band.
Analysis and parsing of this tool according to specific criteria.
Not much to say. Box setup into All Time Highs for this new issue.
Nice chart on SKIN - Clear trend, consolidated from JUN - AUG then legged up. Currently in consolidation and looking for the next leg up on a breakout of $28.5. 50 EMA black line stop loss below, $32 price target.
$SKIN looking to move up with continuation EPS / SALES - GREEN (+ve) U/D - 1.7 (+ve) Moving Averages - Price above Key Moving Averages (+ve)
NASDAQ:SKIN buy on EMA21 support TL's suggestion ;) low volatility near ATH level.
I love it when stock bounces with wicks at 25% extension of impulsive move. If market looks strong $SKIN will be something I play
I have been watching lots of strong growth IPOs and thus have missed these beautiful $SKIN entries. A big impulsive move form $21 to $28, then pulled back to $23.77 Big candle to the 25% projection (which should be initial entry if you are aggressive) then coming back to 12.5% projection 3 times. with wicks! It is a bit late for my taste to enter now. However I...
Opening up a new short position here. Looks like a great/profitable company but just seems overbought. RSI showing so as well. Plenty of skin care products/systems out there. Trying to understand how a 60 million dollar revenue quarter equals a 3 billion valuation. Maybe I'm right, maybe I'm wrong. I don't use this stuff.
Got in Friday and already hit TP1 today We will see how it reacts at the 17.50 level now. If that can't hold I expect a retrace back down to the $14 range