*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
My team entered Tupperware Brands Corporation $TUP today at $7 per share. Our...
False bear flag, oscillator turning positive, oversold on several technicals. My calls expired worthless. I sold 15,000 shares for $5k profit to offset some of my calls loss and bought back 17,000 shares Friday .50 cheaper. $6.89 average. Might trade or hold til target will be market dependent, if I feel it spikes too quickly I'll sell and buy back cheaper.
This is also a share that will have the likely hood for a reasonable correction.
The AO is buyers mode, and as one can observe we above the MA-9 of the indicator. Further low into BB suggesting we should see minimum return $ 13-14 medium-term.
This stock is way undervalued, and a great opportunity to buy at current price of 6.50-7.00. The share price has potential to back to 15.00 and higher. we are positive stochastic (weekly) and usually a great signal and indication for what is to come.
Such a great company and long time in existence.
The GANN fan shows the angle of decline is too sharp. We got a resistance $ 6.50 (rounded) before we can move towards $ 11.50. Market is heavily oversold, and honestly the share is screaming for recovery.
For now we buy current @ 5.70-6.00 and take profit $ 10.80 for now.
Fib .618 is $13.58 should retrace to or close to this level. Definitely added more calls than I thought which is why I don't like placing order with my phone. June 17th $12.00 calls QTY too many lol
Many companies are missing earnings and withdrawing guidance. I think the 35% drop is overdone, oversold on several indicators. Bought 300 June 17th $12.00 calls looking for a bounce back to $15-16 range but as always will adjust and be nimble on my targets.
Tupperware is an unconventional trade because it has had declining revenues and is expecting declining revenue in 2022.
This trade is based on restructuring plans by the company and share buy backs as well.
Traditionally, TUP sold its products through retailer groups and an active sales force team.
In 2020, they began the restructuring plans
2020:
- Hired...
Risky stock. 1st buy zone set at $9.29 / or 0.786 correction from March 2021 highs.
Look for more downside if that level does not hold
RSI could have one more dip to go in oversold territory under 30
Do your own DD, not financial advice
Trendline Break + Trendline Break
At Support Zone
11/3 earning
Entry 23.3
Stop 18.5
Target 38.5
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
Hello Traders, here is a full analysis for this asset. The entry will be taken only, if all rules of your trading plan are satisfied.
Therefore I suggest you keep this pair on your watchlist and see if all of your rules are satisfied.
Leave your thoughts in the comment section, I will reply to every single one of them.
P.S. Tell me which asset you want me to...
*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team has decided to use a recent failed trade as an example of the...
*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team entered into $TUP on 6/7/21 at $25.34 per share. $TUP now sits at...
NYSE:TUP is expected to go march higher. Anticipated price action and targets are shown on the chart, stop daily close below 50 MA.
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This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
