Focused on the building industry, ToughBuilt Industries, Inc. (NASDAQ: TBLT) designs, manufactures, and distributes home improvement and construction products. TBLT stock has been trending lately among Reddit and Fintwit investors after soaring 300% over the past weeks thanks to speculations regarding a short squeeze. With the company actively pursuing deals to...
I have a very, very tough bag that has been faithful to me for years now. If only I could boast the toughness of their stock trends right now. This one is dropping, like many others right now. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with...
Crazy good run right now.. Chart looks like we if we stay above $7 today then TBLT will be hitting double digits within a day or so. UPSIDE Possibility: PT1 - 7.4 PT2 - 9.4 PT3 - 13.1 Could also drop a chunk on Mon, which will require much caution DOWNSIDE Possibility: $5.5 THEN QUICKLY TO $3.2 Then game over.. Looks like we might be in for another wild...
TBLT first red day shorts after pre-market fade close above the low of yesterday's low
Keep it easy simple and safe Enter at current price TP1 0.72 (42% gain) TP2 0.89 (74% gain) TP3 1$+ SL 0.49 (4% loss ) Safe trade , trade safe ><><
tblt is a company that produces beautiful and original building materials, and according to nasdaq rules, it should reach the level of 1 dollar by November 10, let's see what happens.
Last week around this same time I posted an idea on TBLT asking how traders get trapped in these gaps . I had just started to study gaps so this actually played out perfectly and answered my own question. I wanted to know how traders get trapped in these situations where you go into the weekend confident in your decision, only to watch everything come crashing...
I recently started studying gaps . As someone who is new to technical analysis I find them fascinating . I am currently in the process learning what triggers these extremes in the price action , and if there if is a way to recognize them before they happen . My question here is for the experienced traders who trade these patterns specifically . I assume these...
Double tap moving on up! Fibonacci's telling me this thang gonna see the 23.6 fib
Once again the 50 fib and 618 fib are in focus for clear support/resistance levels over the last few months for TBLT . However, the jump this week was BIG. Volume began picking up early on and the latest 1H sales news triggered a new gap. Focus now is on the 618 Fib to hold as support as the 50 fib denied the move past $1.25 early on Friday. But, volume was...
TBLT ToughBuilt Industries gross sales through Amazon.com increased 118% to approximately $5.48 million for the first half of 2021, compared to approximately $2.51 million in the first half of 2020. On 8/19/2020 Maxim Group Reiterated Rating to Buy and a Price Target of $2.00 My price target is 1.6usd. I have recorded it also as a private idea when i saw that...
Pupm&Dump trading strategy idea. $TLBT is rising too much today. The demand for shares of the company looks lower than the supply. This and other conditions can cause a fall in the share price today. So I opened a short position from $1,18; stop-loss — $1,35; take-profit — $0,85. Do not view this idea as a recommendation for trading or investing. It is...
Toughbuilt re-tested the all time lows and seems poised to run higher now. Falling wedge : We see that TBLT broke out of the falling wedge and has been flatlining or consolidating in the $0.70s area. This is a bullish pattern. Kilroy Bottom / Inverse Head & Shoulders: Coincidentally or on purpose, the consolidation in this range is also forming a Kilroy was...
This is a good stock. Its under a dollar (Cheap Stock). As you can see the chart, we have a FALLING WEDGE ( BULLISH CONTINUATION). In addition, you have (2) GAP DOWNS on the chart that have not been filled yet to the upside, so see a bullish reversal to happen. You wont see the GAP DOWNS on this chart version since the candles are in (HEIKIN ASHI) version but its...
Wyckoff Schematic 2. Currently there isn’t a spring, but to me this is ready to move.
Toughbuilt has shown they are turning the company around with new deals to increase sales and earnings. This is one of my favorite companies with massive growth potential. 1. Even with increased sales and earnings from their recent deals to sell their products with Home Depot, Lowe’s, and Amazon, I don’t think the stock is ready to move up just yet. 2. Earnings...