I did an earlier Idea on this stock and noticed that my trendline and fib could have been off a bit (it's what happens when you've be staring at charts too long :-). I am watching this trend to see if it breaks and falls to previous levels of support or if it continues on its upward bullish path.
If it bounces, i will enter the trade at 20.00- 20.75
The Current stock price is above both the 150 day and 200 day moving average.
The 200 day moving avg line is trending up (for at least one month) early in the year.
The Current stock price is trading above the 50 day moving average.
The current stock price is at least 30 percent above its 52 week low. (3.5x years low)
The current price is within 25% it's...
This company is worth a watch - Zagg, Inc. ZAGG sits in the Fabricated Plastic and Rubber industry. With oil prices rising, we could see higher earnings in the future for this industry.
Over the past 13-weeks, ZAGG has outperformed the S&P by 76 percent, 95 percent YTD. Its weekly chart shows strength and the stock currently trades at 16 with a 52-week high of...
ZAGG's RT value was trending upward since 2nd Oct (1.77), 3rd Oct (1.78) and 4th Oct (1.80)
Note: RT of 1.80 is considered OB. With the help of indicators like Stoch (14,3,3) and RSI, OB is one the way.
According to the graph, price actions have retested a resistance trend line and bounced back and broke through $15.3
Fundamentals data shows ZAGG has a ideal GRT...
Since September, $ZAGG has been quite a rut in the market. It was flat, dropped, rebounded a little, and now is ticking down slowly every day. Using a retracement from 11/2's low to 11/22's high, we see that $ZAGG has met some support at the 38.2% level at a $6.52 price. It dipped below this support level for 2 days but has remained at this level for about 7 days...
Great Looking 65 minute and weekly chart (notes on chart). Looking for a move to the high $6s before/after earnings. I couldn't find any news for the recent pop over $5, but strong accumulation suggests bullish momentum.