HQY The entry point for HQY Health Equity is now. Risk reward will not be higher for quite some time than it is right now. Stop loss at 63.01, which signals loss of uptrend support. Nothing but gains to get above as I look for this strong growth stock to rise back up. Happy Hunting and GLTA!!
NASDAQ:HQY As noted in last post for HQY (linked) I was looking for 72's to begin accumulating in earnest this under the radar growth monster. I believe this has a very clear path to at least the 90's, and I am looking to add from here to 66 low point. If it gets down to 66 (which it may do with an overall macro downturn) this will be one of the many good buys...
NASDAQ:DOCU DocuSign entered my first area marked as a "Buy Zone", and where I had set a limit order. I now own some shares at 44.01, and have set my next limit buy in my second Buy Zone at 36.31. Depending on price action, I will either wait to buy there or add more in this area. Between 40 and 37 is my "No Man's Land" where I would be in limbo. This is a buy...
GIS Im loving this set up in General Mills, look for it to move mostly sideways/down the remainder of the year and start of 2020. I will start accumulating around the 48 area if this hold true, because it appears to most likely be Wave 2 (aka Right shoulder of Inverted H&S) and at the very least ride back up to the decision point. In my opinion, this is at least...
NYSE:KR $KR stock has been beaten down, but is shaping up technically for a run. In addition to the technicals, $KR is a nice dividend play at this point in its chart. Just recently hiked their dividend to from .14 to .16 a share. Same store sales are on the rise, and the online portion for $KR has been slow to develop, but is starting to make a mark. Chart...
NASDAQ:MDB Each time MDB gets the chance to reset to its 125 MA in the past, it has had a very nice rebound followed by an extended run. I don't believe this time to be any different. If this things can make it to 160, then it's 200 or bust. Buy and hold. Take profits near channel tops. Happy hunting and GLTA!!
SPY Selling not done. Buying puts into any "strength" shown daily until we get back into the 274's zone. Just not enough oomph behind earnings to power this thing higher right now, and rate cuts are already baked in.
TREE Dont jump the gun on this one, but rather over the next 6 weeks begin accumulating some Lending Tree shares or options in anticipation of a continuation pattern upwards. See below for more close up look. The cup and handle pattern is one of the most misused patterns I see on here, as everyone just wants to call any round bottom a "cup and handle". They are...
NYSE:AYX You wanns see a beautiful logarithmic channel, then look no further. If you make the mistake of charting this bad boy in "auto" mode, you could easily make the argument it has run too far too fast. but if you look at this thing the right way, it sure does look like a tough short to me. Even when it tops out at channel resistance it doesn't tend to fall...
SFIX Stitch Fix is one of my faves, and I am a customer as well. if you haven't tried it yet, I would definitely advise. Very nice service. Anyway, technically speaking I am looking for a repeat of history from the last time the 125 MA support was lost. Then it retraced back up to flirt with it as resistance until meeting its short term downtrend resistance...
KMB has climbed all the way back up to its upper resistance, and all indicators and price action show that it is going to be very difficult to pop through it this time. It would appear that a reset for a push on up is necessary, which I do eventually think will happen. In my opinion, a good place to get long this stock would be around the 120-123 area. For now...
HQY Not a major headline grabber, but growth is excellent. Now the chart has opened up technically for a run to 90+ without too much static. I am accumulating here, just a few options, but holding bigger buys for a pullback/reset to 72's for a bigger load up. The Aug 16 C90 is currently sitting at .50, and premium would significantly drop on any pullback. Load...
NYSE:HSY HSY has reached the resistance trend line in its current channel. That doesn't mean it HAS to go down now, it could very well bust through, or chop around just below for a bit. The Stochastic indicator is pegged out at 100 on the monthly, but can easily ride there for months to come. The daily and weekly Stochastic still has room either way. If it gets...
NASDAQ:COST It really pays to understand the "log" button on your chart and when to use it. Because looking at COST monthly chart in this way shows a very clearly defined channel and midpoint line. So, instead of looking like an unchartable stock that looks as if it has to be out of gas, it becomes much clearer that in fact, it could have much further to go. This...
NYSE:HEI Gonna be very difficult for HEI to push any further upward without at least a small pullback. Chart looks phenomenally strong over time, so this isn't a name I would want to short for very long. But it's nice to make money both ways, and I believe short term down is the path here. Well overbought on daily, weekly, and monthly chart. Thinly traded...
NASDAQ:ALRM In oversold conditions, with a decent RSI divergence to the upside. In addition, sideways movement has brought price action into contact with 52 week support trend line, and Friday's action resulted in a nice hammer candle. Accumulation/Distribution indicator broke out of a downward resistance trendline on Friday as well. Put it all together and it...
NYSE:SHOP It is important to know when you should press the little button that says "log" on the bottom or your chart when looking at trends, especially long term trends. It is CRUCIAL to know this when looking at stocks that have experienced a rapid ascent/descent so that your trend lines can be more accurate. The snapshot below is what the same trend lines look...
NYSE:DKS Room to run is the theme of the day, and DKS has it. Well within channel, just off recent brush with the support now looks ready to try and retest upper resistance. Broken through inner resistance, trying to hold above now. Can get July 16th C37 around .30 apiece right now, should give enough time to see gains. May very well end up closer to 38 by then,...