FUNDUMENTALS: Price jumped from earnings surprise.Still the earnings were a loss and i think the general downtrend will keep going for some time(although it has lost some steam). TECHNICALS: 1.General downtrend 2.Strong mirror level (support now resistance ) at 25.7-25.8 level 3.200 EMA coming down 4.Stochasticks not overbought yet So..R/R is good will put around...
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same logic as my call on 1800 flowers very little china exposure, American furniture company nice technical diveregence
WORKING ON HIGHER LOW. STILL SHOWING BULL DIVERGENCE ON OSCILLATORS. POTENTIAL DOUBLE BOTTOM.
BIG buy buy at 27-26 goal 1: 30 goal 2: 32 goal 3: 34 (try)
If the trade volume increase, there is possibility of break out PT 39.36 and PT 40.00 til PT 45.00 in long run.
If bull pennant in play, new target would be as pictured.
After a gap up this morning, it would only make sense
undervalued by DCF by 10%; breakout confirmed PT 51; not investment grade, high short interest, expect squeeze
Nice MACD cross. Keeping an eye on support for entry.
BIG: big lots 2018-06-05 19:33:17 Detected possible stock repurchase
The price created a large gap and this trading setup suggests that it will more likely be filled. There is a strong daily support level at 46.46, where most of the buy orders are placed. Plus, that is the best area for previous sellers to lock their profits. Those scenarios will push the price up. In addition, the market completed the Gartley pattern that...