A price action above 32.00 supports a bullish trend direction. Increase long exposure for a break above 33.00. The target price is set at 35.50. The stop-loss price is set at 30.50. The examination and convergence at the 200-day and 200-week simple moving averages indicate a significant support level, demonstrating a confluence of support.
Future Support/Resistance Bounce, ready for both Supports, looking at playing the .618 retracement at what I believe to be a good accumulation area, thankfully there is plenty of time for more data.
These are fun to follow, especially when the shares are 10% short, 4 days to cover, and volume is starting to come in on the highs. 7 pts of downside and 20 or more up. Timing uncertain but a parabolic move is a parabolic move. Feb/Mar calls might be worth a look.
After coming across a bag of Tootsie Rolls drifting through the void of space - likely mistaken for trash and ejected by astronauts from the USS SuckADickBiden - aliens from the far reaches of our realm collected and tasted the little turd-like sweets. The candies, although they look pretty shitty at first glance, completely mesmerized the green creatures and...
Description: TR is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position. Stats: 1. Ideal buy range: $33.5 - $34.5 2. Take profit: $38.59 3. Stop Loss: $32.63 4. Risk To Reward: 1 / 5 5. Accuracy Rating: 80%
AG from Crypto Check here... I've been trading for 4 years and happy to share my ideas and the tips and strategies that I have learnt from MartyBoots over the years. Quick assessment of BTC and ETH mainly...Patience is the key and there are still sunny bullish times to come. The lower timeframes don't look amazing at the moment so we could be heading into a...
If TR bounced back and shows resistance at the 50DMA there may be a short swing position to enter. Been resistance for this stock since the beginning of July. If this breaks above the 50DMA I would hold off on taking a long position because the stock was still on a downtrend when it broke through in May and June. Possible to take a short position if it shows a...
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, let us get into my opinion. TR currently has more sell calls, but lots of analyst are still bullish on its price correlation. It is one of these stable growing stocks. However, a small bearish correlation looks imminent. That is why I...
Interesting Bull Flag breakout on the weekly chart. Keep an eye on this one; when we find a bottom it should be a nice long hold "if" the pattern breakout continues.
TR showing iHnS on the daily, high short interest (24%!), 50% insider ownership, 39 days to cover shorts.
TR is in a triangular consolidation. Could hit the upside of the uptrend channel at the 44.
Melvin Gordon, CEO, Tootsie Roll Passes. An inspiring story of guarding your company and guiding it well. This particular industry is one of the most passionate and historic in our US history.