With earnings a week away, best case (longs) scenario: TUP challenges the neck line ($8.75) at earnings, and continues its reversal trend upwards. Likely scenario, neckline breaks and we test bottom again!
Inverse Head and shoulders broke above the neckline, however, I don't believe this is a reversal pattern, rather a short squeeze. News?
Possible inverse head and shoulders formed. Bullish bottoming process may be complete. $10-$12 target for a sustained rally. Caution though getting quite high on RSI.
TUP completed a smaller inverse H&S reversal and completed almost perfectly to realize a nice 10% gain (~$8 - $8.80). However, it looks like it is failing the larger IHS pattern. I expect a continuing decline through $8 and retest of $7.50 area.
Breakout in progress!! After a significant SP drop MACD is trending up and breaking out of downtrend, as you can see the 50 DMA and that gap make for nice targets; enjoy. Also, TUP currently way undervalued w/ a PE of 2.63 and good ROA in industry.
Got a Vanguard notification of a purchase this morning. I'd like to attempt to document, on the same day, all individual stock purchases for future reference and timing studies. Vanguard purchases are my Long-to-Ultra Long term holdings. Companies purchased reflect positive outlooks on - Valuation, Growth potential, Technicals, and Future trends. I want to make...
TUP GAP ANTICIPATION EARNING SEASON
Known support / resistance since 2008. An Executive of company bought shares here after fall to this level
After an abysmal earnings report and subsequent drop of over 25% today, shares of TUP are becoming a potential takeover target. Who might buy? It could make sense for several companies: P&G (PG) could expand its portfolio of product offerings, as could Colgate-Palmolive (CL), but it could also make sense for Amazon (AMZN), as their endeavor in to fresh foods...
Shares of TUP are approaching a critical long-term support level at $39-42, depicted on this weekly chart with the blue line. The daily chart is also looking favorable, with shares now trading above the 50-day moving average, and my 5/13ema's are in a buy mode. I'm a buyer with a stop on a weekly close below $39.
Testing resistance. If it can break out next stop is in the mid 80s.
Watch the RSI trendlines closely. Look a trendline break on both the price action and the RSI
On January 13th and 17th, Smart money built up almost 5,000 contracts of new open interest in Tupperware Brands Feb 55 puts. Using Friday Jan 13th's cost of $2.40, break even stands at $52.60 -- basically at the recent support confirmed during the last two weeks of December. These Feb 55 puts include earnings and will profit should earnings disappoint or if...
TUP seems falling down from a Rising wedge formation, and very nicely rolling over to the bottom side. On the fundamental side it has huge 4.68 debt to equity ratio, and there were some insider selling as well. For trade we are looking for Jan2017 $60 puts, which are trading for $2.73 You can check our detailed analysis on TUP in the trading room/ Executive...