I´ve been following BOX ever since I´ve watched the presentation by Chamath Palihapitiya at the Sohn Conference (on youtube). We now have a clear buy signal from a technical perspective.
Disclosure - Chamath Palihapitiya is probably my favorite tech analyst out there.
BOX gapped down big 10% on split earnings. Missed EPS, Beat Sales. Also gapped down out of a big sym triangle. We sold off most of the day but found a lot of support at 23.50. Its also a big daily support as well the 200sma, and past price levels. It looks like it could be a big trap play if it fakes out one way or the other. I would like to see if touch the 23.30...
Box stock after earnings, Implied Volatility Rank kept 99%.
Sell Oct 19 Strangle options:
$1.20 credit profit collected
Market neutral outlook.
Take profit at 50% of credit, and stop loss at 2x of credit.
Box, Inc. (BOX) shares are trading at $26.05, prior to the earnings today. What should investors be aware of--and what will the market be watching out for in the upcoming earnings?
Box continues to ride on increasing adoption of its cloud content management platform by its existing customers as well as new customers. The company is witnessing a solid growth in...
Buy signal given on 4/23/28 as the price crossed above the 50 day mov avg. Also, BOX is now trading above the 9 day mov avg too. Looks like we are in for a bit of a bull run. I welcome comments on where my stops should be. Thank you.https://www.tradingview.com/x/vastvMWm/
This appears to be a pretty textbook bull flag setup. I see a large volume spike and run up in price, then a period of consolidation. The stock is in an overall upward trend so I would expect this bull flag to be a continuation pattern at this point. Its hard to tell exactly but there appears to be a line of resistance on the RSI that was recently broken. That...