Neutral pattern until broken with a trend in that direction. Price is at the resistance line of the triangle. Earnings are 11-22 AMC. Short interest is over 17%. No recommendation
Hey all, take a look at what's happening now! We're finally sweeping the lows. I suspect that these next few months for GES are going to be very ugly, similar to 2008. This might be a strange way of approaching it, but this could very well be used as a leading indicator for what is next for retail and the broader market.
Hey all, I've always found it fascinating how charts can virtually replicate their patterns from previous points in history. This thing looks exactly like 2008, and I'm looking to benefit from it. Though I'm not sure where my entry will be, I am waiting to see if this chart presents a favorable entry for a likely violent markdown phase, much like the ones seen...
Hey guys, If you look very closely, I think GES is repeating the same pattern it made in 2008, with some similarities to what it did in 2000. Today, the stock noticeably held its most critical support level just above $16, and I think it is likely it will rally into mid-late July. That being said, I fully expect that rally to be faded and a violent markdown...
This is a signal that GES's price trend could be reversing, and it may be an opportunity to buy the stock or explore call options. I identified 69 similar cases where GES's stochastic oscillator exited the oversold zone, and 57 of them led to successful outcomes. Odds of Success: 83%.
LOOKS INTERESTING FOR STUDY PURPOSE
DONT GO LONG TODAY YESTERDAY BROKEN TREND LINE .ONE CAN ACCUMULATE @ 12-12.30 IN RARE CHANCE MAX DOWN WOULD BE 10.GOOD TO HOLD FOR TGT 18-20
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, here are a few insights into what I think about Guess. I'm not a big fan of the whole fashion retail business, especially given how businesses like JC Penny can easily go from corporate giants to being crushed into the...
NYSE:GES Stochastic oversold, entering now and anytime soon expecting price going upside, will sell when 60min chart indicates overbought signals. Have fun trading!
Evening Traders, Today’s technical analysis will be on GUESS, breaking major structural support and confirming a bearish retest, Points to consider, - Bear Trend (consecutive lower highs) - Structural support breached - Confirmed S/R Flip - RSI oversold - Stochastics in lower regions - Volume climax evident GUESS has been in an established bear trend with...
First let me remind you of my last four picks: 1. Jd.com I said it is going to 50 . And It tanked bc of corona. 2. Dicks sporting goods I said it is going to 43 and it tanked. 3. Called $INO rally when it was under $5 the stock climbed to $19 in 5 days. 4. Bought $Dell $40 puts for $1.1 dell is Trading under $29 now. Now what about guess? 1. It took a hit when...
Entry level $18.50 = Target price $21.00 = Stop loss $17.90 High p/e ratio @93 Short interest very high 33%. Average price target $21.60 | Overweight
Guess is residing in the middle of an upsloping channel. A bearish breakout could mean a continuation of the completed bearish Cypher, which predicts a drop to $14 or lower.
Hi Guys, Below my analysis: Wkly chart - MACD and OBV bullish divergence. Elder Impulse system turning blue (allowing long positions) @ 14.74. Daily chart - IS blue (turning red @ 13.87) - long position is allowed. Fresh MACD signal line bullish cross. Entry @ 14.76 Stop Loss @ 13.73 Take Profits @ 16.94 On the negatives: beware of the earnings call scheduled...
Trade the Bounces. Looks like its good to buy shares or do options.
If you look at GES daily chart on the left you will see that its below all the major moving averages and its been making lower lows. The 16.54 is the immediate overhead resistance, and the blue trend line is the immediate support underneath. On the 5 min chart you will see that currently its double topping.for a Short trade, the Price Action needs to get below...