Trade ideas
Digging Thru Growth ProspectsHello Traders,
This stock has come to my attention as a potential strong technical bullish play. I have outlined the potential long term Monthly Candle chart flag pattern breakout.
Now in order to confidently enter a bullish trade I ALWAYS dig thru the fundamentals of a company so I can confidently enter a position I can hold for over 3 months compounding the position size on shorter term consolidation breakouts.
Given the measured breakout of a flag pattern this potentially has the opportunity for a near 50% bump in the stock price. The minimum stock price increase I look for is 20%, anything less than that and I tend to move on from the trade. Keep in mind this is merely on my watchlist, and I never trade everything that goes on my watchlist.
Hope you enjoy my technical analysis on this stock. Cheers. =)
Strong breakout today on huge volumeThis caught my attention a few days before after breaking out from downtrend and today it broke to new highs on huge volume
Uptrend Coming soon Looks to be over sold and set up for a bullish event. However now in the waiting game to see how it plays out.
FAST is slowly decliningHaving just flashed a sell signal, FAST is about to hit the top of the trend channel. Earnings may finally be the catalyst for this next move down. If FAST holds to the trend, upon hitting resistance, the next stop could be below 39.00.
The safest bet is a drop to around 40.00 as this has been recent support. The triple stochastic indicator has been pretty accurate at finding changes in the stock and appears to be right on course with the most recent signal.
FAST- Something Is About To Change In The AirWe've had consolidated indecision for a while on this stock. But we are now seeing a change in the air.
Looking to go long if we see gap up or aggressive buying action. Doji gap up is very bullish in itself and is in my opinion, sufficient to buy if this happens.
If it gaps below 42, it might even be a short. It's a waiting game
Long Symmetrical Triangle Into Earningssitting in the middle with big buying on the 42.5 Put today. Straddles pricing about a $2 move by Friday
Rounded Bullish Bottom"Seeing is believing" Let us see if it can fill the gap and hit projected target price. If you want a real-time alerts try us www.2waytrading.com
