Callaway Golf Company ELY

kenyorrogers87

Am I doing this right? I see a double bottom form where the pink box is. The neckline to the double bottom gets tested a few times. Cloned the left diagonal trendline and moved over to the right. Support at $32.25-$33. Downtrend started on 6/1 Uptrend started on 7/19 Earnings call on 8/6 Timing seems right for a long entry. Should I go into more detail in...

cpowers0314

Looks like a bullish pennant has formed. Being patient for a possible breakout. Love the financials of Callaway and super excited to see revenue growth especially with the first spring/summer of owning top golf. Also feel like golf is probably the fastest growing sport currently. NYSE:ELY

Jonathan-Remy

BUY

katblat

MACD changing, stochastic is positive Looks like a cup n handle could be setting up Also, seasonally makes sense

Daka2020

Waiting 26.5 to go long

BradWeber82

Trying new systems. I am someone who is always messing around on the weekends and probably should stop doing that as often. But to be honest, I scrapped my EMA strategy and now I am trying to perfect something for me. Indcators: 200MA - Notice it running directly in the middle of the fibs and most recently turning on an uptrend. StochRSI has also confirmed...

spar_ma

Deutsche Version Unterhalb. English version: This will be my trade setting for today. This is a great company which pruduces really good golf equipment with a quality which makes this company interesting and it's already well known in the golf community. The last earnings where amazing and I think the virus helps this company, because this is a sport which is...

stephanelibatd

Hey traders, CALLAWAY GOLF COMPANY is in a bullish composition with a turn and a paid buy volume return. Looking at the TIMEFRAME M1 we see a hammer candle with a sell volume made and before large volumes have changed. It goes towards its last low point to make a trend reversal and go up the comfort zone to test it. There is a great chance of breaking out the...

InvestmentSentry

Bullish on ELY after buying Topgolf. If we can clear the all time high around $25 I think this could take off to minimum $40. Currently around 2B market cap with significant revenue growth the past 3 years up to 1.7B in 2019. Also, MACD bullish crossover on monthly chart and quarterly chart.

shkspr

NYSE:ELY Possible Scenario: SHORT Evidence: Overbought RSI + Momentum falling This is my idea and could be wrong 100%.

Dc1392

This company was brought on to me on youtube. People love golf and as people begin to go back to daily activities this can be a good entry point. There earnings were delayed which could be the reason for the gap down.

ZenMode

Comparing them to peers is ugly as Acushnet/Malibu/Johnson Outdoors all have a net margin of 4-9%. Earnings growth is average relative to peers. Revenue Growth of +5% is meh.

johnnyzuniga

Looks like a great breakout so far. Slight pull back but seems price formed new support. RSI seems a bit overbought but MACD is looking promising. Low volume is a concern too. Any thoughts? I want out at 20$. The white arrow indicates my entry point. Looking back, it was probably a poor entry and I may have gotten lucky. Should have waited until price touched support.

johnnyzuniga

Although this is the first chart I have published, I do think I am picking it up easily. I can't decide whether ELY is in a channel or just broke out of a flag. What are your thoughts? What tools do you use to confirm a breakout?

Ereana_Swan

Doji, Morning Star on the lower trendline for the trend channel, Kicker Signal - Price Needs To Stay Above 8EMA

KozakHlib

Contextual immersion trading strategy idea. The Chefs' Warehouse distributes specialty food products in the United States and Canada. On 30 April the company announced increasing its offering size of convertible senior notes due 2026. It causes a rise in the share price. At the and of the day the demand for shares of the company looked higher than the...

Golfistry

Looking to Break Down Below $8.53

Golfistry

Many analysis showed that one of the reasons why ELY is doing well is because of their smart investment in Topgolf. As the whole economy is tanking and higher unemployment rate is expected, Drive Shack, a main competitor of Topgolf, is taking a nose dive in their stock price. I see a correlation of ELY taking a nose dive following Drive Shack's stock freefall on...