One of the few tech stocks that showed a constructive pattern on the last few days. Still, this tech bear market gets everything. Might reset later and may buy if general market conditions improve.
Box, Inc. ( NYSE:BOX ) Sector: Technology Services (Information Technology Services) Market Capitalization: 4.420B Current Price: $30.82 Breakout price: $31.75 Buy Zone (Top/Bottom Range): $30.15-$28.00 Price Target: $35.80-$36.70 Estimated Duration to Target: 108-113d Contract of Interest: $BOX 6/17/22 30c Trade price as of publish date: $2.65/contract
*BOX getting closer and closer to New All Time Highs *Under consolidation since June 2018 *200 DMA holding dips *Decent earnings and 905 Institutional Ownership
After price-basing for about two years, BOX looks almost ready to break out of its ascending triangle on the weekly time frame. Do you agree? I think ATHs are possible over the next couple of months.
Looks like ascending triangle approaching all time high. Follow me for trading ideas!
Box, Inc. ( NYSE:BOX ) Sector: Technology Services (Information technology Services) Market Capitalization: 4.057B Current Price: $27.36 Breakout price: $28.00 Buy Zone (Top/Bottom Range): $26.75-$24.40 Price Target: $30.00-$31.00 Estimated Duration to Target: 73-75d Contract of Interest: $BOX 5/20/22 26c Trade price as of publish date: $2.85/contract
* Exceptional earnings year over year * Breaking out of its IPO base once again that dates back to 2015 ($24.73) * High relative strength in the Tech sector * In a very tight range for the past 3 weeks * Offering a pocket pivot with in the range just before the breakout * Maximum probable ROI would 21.65% Trade Idea : This is a great time to enter as it's just...
NYSE:BOX Possible Scenario: LONG Evidence: Price Action TP1~ 23.7$. TP2 ~25 SL ~21.5$ as support Call options, Strike 25$, 05/21/21 20% Position | Risky Trade more rewards Call options, Strike 27$, 06/18/21 80% Position | * This is my idea and could be wrong 100%
Might enter this position tomorrow after it takes out today's high. Just observing for now
Swing long to target $21 over the next week
The golden cross is here. Not a stock I would play, based on past performance, however, a chart is a chart and it could make a small rally