$VRA has been in a bear market for the last 9-10 years. As with many value stocks, it's looking primed for a trend reversal.
It looks like we should get one more retest of the lows at $6.16-$7.67 in April-May which should setup the chance to break out of the downtrend channel.
Upside = Moon
I've been watching this one for a few days. It historically bounces off the 35% - 25% RSI mark, and is approaching 30% right now with a turn upwards starting - You can see it in the MACD as well as the momentum and moving average are about to cross. I am entering 11/20/2020 $5 calls with stop losses at $4.80 and $4.51. With price targets at $7.60, $8.40, and...
Hello !
Key points :
Resistance broken on high volume and wide range candles
Consolidation phase and support hold
Huge price rejection on the hourly + high volume
Relative strength (compared to today's market conditions)
I've left some charting from the previous trade on this analysis, to get a context. On the previous analysis, we said that basically,...
Hello !
Key points :
New trend starting after ABCD pattern
First pullback occuring on 50% retracement
Volume on uptrend is higher than downtrend
Consolidation taking place
ABCD Pattern
This isn't a quite regular ABCD pattern, even though the time between AB and CD is almost equal (or near). What I look for when trading this pattern, is either the...
Entry level $11.80 = Target price $13.25 = Stop loss $11.45
Golden cross buy signal complete.
Indicators all bullish.
Long term channel well respected, next move to the top.
Short interest 8%.
Company profile
Vera Bradley, Inc. designs, produces, markets and retails accessories for women. Its products include handbags, accessories and travel and leisure items. The...
Does anyone buy Vera Bradley junk anymore? Seems out of fashion, especially wit the younger crowd.
Betting they miss, small bet, bought $12.5 puts this morning, so I need $11.5 or lower to make money....
Entry level $11.50 = Target price $12.39 = Stop loss $11.25
8.78 % short interest.
24.40 P/E ratio
Company profile
Vera Bradley, Inc. designs, produces, markets and retails accessories for women. Its products include handbags, accessories and travel and leisure items. The company operates through two segments: Direct and Indirect. The Direct segment consists of...
VRA - Vera Bradley, I think has sold off a little too much and may bounce back to the 23.6 Fib retracement at 14.70 area. Am guessing earnings won't be as bad as market probably expects.
