Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 2.2/61.80% Chart time frame : C A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : B A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance....
Financials Look good and looks to be at the bottom of a channel
MACD bullish cross-over on the weekly. Seems like SND found its feet and could go for a good run The company is very inflation-proof and could run with rate raises . NASDAQ:SND -Just my opinion, not advice.
Long potentially, a good area for buys at major support
SND: Smart Sand, Inc. 2021-08-02 18:00:00 Smart Sand, Inc. Announces New Long-Term Proppant Supply Contract
Commodity Prices increasing and more money flows going into Commodities Smart Sand has shown increased Net Income, and reduction in Current Liabilities. Price has potential to get to 2018 levels.
Keeping this here as a reminder. I won't buy in unless it gets to $1.92, currently at $2.21. $1.92 would be an 88.6% retrace from the $1.70 previous low (which I will use as a stop/loss if I get in this trade).
NASDAQ:SND is forming a flag pattern and seems to be ready for another leg up. Anticipated price action is shown on the chart, stop may be placed at 2.5$. Hit the like button and follow if you find this useful :) This is only my own view and not financial advice, do your own analysis before buying or selling Happy Trading!
nice breakout and there's a way to go. space to go upwards. no recommendation. some time until earnings are outside
Bot @ 1.15 Trailing stop at 0.15 SND has a short float of 21.62% with a short ratio of 13.32 , at this time .
Smart Sand, Inc. owns and operates a raw frac sand mine and related processing facility near Oakdale, Wisconsin. It supplies industrial sand to the oil and gas industry. The company was founded in 2011 and is headquartered in The Woodlands, TX. SHORT INTEREST 3.92M 07/31/19 P/E Current 4.91 P/E Ratio (with extraordinary items) 3.51 P/E Ratio (without...
First chart, not financial advice. Price moving above the 12-period EMA on daily chart, looking to go long on a close above the wedge and possibly take profits at fibonacci resistance levels. Thoughts? Criticism?
First chart, not financial advice (Fixed formatting issue on previous post) Price moving above the 12-period EMA on daily chart , looking to go long on a close above the wedge and possibly take profits at fibonacci resistance levels. I added the previous rally's retracement levels to show where extra resistance lies. Thoughts? Criticism?
positive outcomes so far, balance sheet on positive, great macros