Hi there, Yurii Domaranskyi here. Risk vs Reward = 1 to 20.57 ✨ It means if you risk here 100$ you may make 2057$ Not bad, huh?
Chicos has been in consolidation for over 13 years. Explosive move coming. Do yourself a favor and buy some long term calls on this. This is could make some serious money if you play it correctly. I just bought 200 contracts at the money call $5 strike. Expiration Jan 19 2024.
Earnings-Play. Fell through support – needs to recover or re-assess the whole play. At the bottom of the Channel with nice upside
Cup and Handle - Flag Breakout 15% 1wk, 313% YTD - 1st target 34%
After formming a pennat pattern above its moving averages, today made the breakout with good volume. The detail is that it didn't close at the high but still, I think its a confirmed breakout. Because the stock its very volatile, I got in with half my position. I'll wait until the price breaks above the $7.26 resistance to buy the rest. At first my price target...
MACD is crossing over and the most recent candle tested 3 fibonacci levels to close above the .61 level. It also broke above the descending trend line on the daily chart. targeting 7.23 then 8.34
Primary Target (short term): Ascending Triangle, awaiting confirmation (49%) PT = 5.60$ Secondary Target (Long term): Cup'n Handle (78%) PT = 7.53$
The CHS stock chart is at a level where we saw some high traffic a while back. This has previously been a level of support, now apparent resistance. But can the reopening momentum act as an afterburner for the penny stock? Chico’s FAS is another apparel retailer owning popular niche brands like Chico’s, White House Black Market, and Soma Intimates. It, too, has...
CHS 20$ soon just hold for a few weeks
buy 1.32 to 1.25 T1 1.43 T2 1.49 SL closing under 1.22
Retail's tough but at least CHS turned things around in the short term. I'd like to see that continue but it's a hard road with brick and mortar retail right now. Anyone know of a more in-depth outline of a digital strategy for Chico's et al? "This week, Chico’s reported its Q4 outlook. In the report, the company revealed several milestones. First, it raised...
not the best rr don't take this trade, just posting to see what happens later
regardless im holding long
This looks like a marked change of behavior for $CHS and could be a bullish flag forming prior to more upside on the way. You can see recent moves into this price zone led to intense sell-downs. Worth keeping an eye on at least.