Reasons for bullish bias: - Price gave consolidation phase breakout Entry Level(CMP): 29.88 Stop Loss Level: 24.36
Despite its Bullish momentum, NYSE:BOX is trading near the bottom of its 52-week range and below its 200-day simple moving average. NYSE:BOX reached its 1 Month High on the 5th of December, 2023. Key Fundamental Points Box Inc 's Revenue slowed to the 6.22% year on year, improvement in the third quarter 2023 to 261 millions, underperforming the 12.5% rise...
Analyzing the options chain and the chart patterns of BOX prior to the earnings report this week, I would consider purchasing the 35usd strike price Calls with an expiration date of 2024-6-21, for a premium of approximately $0.47. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read...
10th trade in April is NYSE:BOX . Holding period is 41 days (3/8/23-4/18/23). Account is up 0.18%. Total return in April is 1.99%.
$BOX still holding up better than any stock in that industry. That's why it has a lot of eyes on it.
$BOX held up breakout base support (which also is monthly chart support). Both RS and OBV lines are making new highs and looking strong. Help up against a bad market with volume drying up (albeit holiday weekend).
Technical Analysis: 1. BOX is holding up well despite the NASDAQ, S&P500 and many tech stocks sell-off for the past 5 trading days 2. Price is above 200 MA, and had a break out at 29.6 3. Average volume is high for the past few days during accumulation Fundamental: 1. Recent upgrade by Morgan Stanley and JPM Entry price: 29.60 Stop Loss: 26 Take-Profit Target: 34.77
Not sure if this is the square box or the drop box but this is where this symbol is going
Will the negative trend continue? Negative market sentiment. I took it short.
Notes: * Steady up trend * Great earnings track record * Forming a cup and handle like pattern on the monthly time frame for the past ~4years * Held up relatively really well while the tech sector was being destroyed * Currently bouncing off its 200 day line and now its 50 day line * Also forming an inverse H&S pattern and broke out of it * Bouncing off its 50...
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%