lol garbage in waterfall mode, severly oversold now RSI 19. we'll b lookin 4 run sum CALLZ 2morrow on weakness. if u recall we warned about this fukin overbloated bullcrap in thu 700z months ago haha
Just tank this garbage......... short the heck out of this crap. Just allocate correctly and give yourself time.
RH may have found support at the bottom of its channel let’s see if it’ll push back up.
Nice bounce on the Weekly 20EMA right before earnings.
RH appears to be trading in a wide rectangle. This pattern is neutral until a trendline is broken and a confirmed trend is underway in the direction. RH has pierced the upper trendline but a throwback occurred, Negative volume is high. Price is sitting on the bottom trendline which is support unless broken. Support and resistance levels were made to be...
Restoration Hardware Holdings, Inc. is a luxury brand in the home furnishings marketplace. Fundamentals - Sales of new U.S. single-family homes increased in July after three straight monthly declines. Median house prices surged 18% to $390K from a year ago. People are still renovating homes in this low rate environment and people working from home. Technicals -...
Restoration Hardware Coming off earnings Higher highs, higher lows Price action from August 11th highs are bouncing from the August 19th lows PT -> $720, 10 days, Sept 3rd Low Volume Rsi -> breaking above the 50 line Green hammer on the daily
RH's (RH) stronger-than-expected fiscal Q1 results featuring "beats across the board and demand at record levels" signal more gains in 2021 and beyond "on a slew of initiatives to drive growth," BofA Securities said in a research note. Following a strong earnings, RH has consolidated for a few months accumulating institutional buying. If RH closes above...
$RH continues to build its base at ATHs after that earning gap up. The base is now a 3+months cup with handle pattern. Keep an eye on this as it is doing all the right things building that base so far.
RH is expanding into Europe, and we’re positive on that move. Historically, when U.S. retailers go international, things get tricky. Usually, they’re selling other companies’ products, but RH sells its own. Demand for the product is every bit as strong in Europe as in the U.S The stock trades for about 30 times next fiscal year’s earnings, and we see the company...
That's what came into my mind via intuition when I asked. I followed it up with my dowsing and got the "waterfall" option. Think RH revisits the 400s.
Must have been a great earnings report! Just makes me wish I had bought it yesterday! I had the chart already done but did not buy it and I knew the flag was there. Oh well. Bull Flags do not always break to the upside but this one sure did! No recommendation. It was a lot harder to buy yesterday. Now it seems like a no brainer. Too bad I am not...
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Technically this looks to go down and it can accelerate post earning this week. If you like my posts fell free to leave some comments/feedback. Also check my profile for more info. gl.
This is based on my dowsing method and is for my own journaling purposes. I don't follow RH, however, I am a fan and bought stuff from them this past quarter. I'm sure that will help them go higher ;) I get a good move up 12% or so, however, indications are it makes a peak on a daily. So may not keep going, and I'm sure the indexes will go back down, so that'll be...
Is the pandemic home boom over and about to roll over?
Is the pandemic home boom over and about to roll over?