AYX is a stellar company, data analysis provider. A tad misunderstood in their positioning as some consider DATA as their competitor - its not, different markets and customers. AYX just reported another blowout earnings and the rise to almost $100. Now retreated and in the area of supports. We could see some consolidation before next move up but chart is nice,...
This is a simple , single , test of the Trend Shift Indicator's lead time.
5 day chart.
Lead time = signal time - directional shift time
Warning sign: upper line on TSI trending down while price trending up
End of warning: price shift in accordance with TSI direction.
Optimal Lead time = 1.25 days (of 5D)
Practical lead time= 1 day (of...
This name continues to power upward. The dips get bought. I think we are getting ready to trade above the $85-$86 area w conviction. The first step is to break above the upper red line. You can go back and see how this stock makes defined channels and see how you can trade around a core position within the channels.
Currently long from $82.46 and will add on the...
I like the RSI on this high flyer because it's flagging against resistance so I think that precedes a breakout. I'll be watching the weekly candlesticks for an exit but looking for a quick pop then I'll probably exit, hopefully with around 10% gains or so.
See the box. Don't make this complicated. SAAS names have been hit hard the last few days. If market firms up they should firm as well.
I do not think everyone will all of sudden abandon SAAS/Cloud/AI names. Stocks go up and they go down.
Use that to make money. #simple
Trying AYX at the lower end of this mini channel. Looking for an easy ride to $71-72.
From $68 to $72 is a 5.8% gain. I think that is very doable.
Have been long this name from the '30s & have seen how this one trades.
Let's see if this will work.
Alteryx delivered another strong quarter, despite fears that growth is slowing. However, the stock price fell back down after a short run-up to earnings. Long term, AYX still looks good and will likely continue to deliver strong results.
RSI is hovering around 50, signaling a decent entry point. It is currently trading around 13%...