Breaking above the 82.50 buy point in the top of the middle of the W. Strong earnings growth and sales growth and Chinese demand fears proved false, this is going to the target price analysts set at 110 or 115. Expect resistance at 92.50, and then onto new highs.
It's a strong stock, but running out of gas since it's nearly doubled in price since late Aug
MACD 4C shows prices have continued to the downside while MACD has a positive trend. This bullish divergence spells reversal for GPRO. MACD has broken to trend likely temporarily here and prices are a relative bargain as MACD is expected to conform to positive territory over the next month. This also looks like a capitulation bottom yesterday w/ the high vol sell.
This stock is drastically oversold. It's so sharp though that although I think this week represents a bottom, I am not confident it will resolve quickly...
It seems selling has subsided on BITA. Observe the MACD nice and gradulally turning positive, and the volume has subsided on the selling days, and People are slowly acquiring the stock and now it has closed at the highs in the range for the last flat base of 25 trading days - 5 weeks or horizontal moves. It is approaching the 50MA, and this is the 4th leg of the 5...
Still looks like a good time to buy this...
The Jan 16 cals for 2.00 per share are mirroring the lows for the stock. It's got plenty of upside, but the trend has yet to break the hourly resistance line (orange). It is not a proper double bottom until it breaks above 18, and is 13% off the lows. I want to get in with less than 6% from the 13.50 mark or after a retest of the breakout of the orange line. ...
This could go either way... I also see a bull flag here
What is this pattern? Double bottom or two ascending triangles... Looks like the volume is drying up on both sides...
Buy with ORB strategy at 47.00.
Picked up GPRO at 35.00 and also some Jan 35 calls. Still bullish on this with a Jan timeline.
I picked up some GPRO at lower prices than have been seen in the stock even since march.
I was shaken out at 24.75 and want back in this one is going to spring here soon. Put some limit orders in to see if I can snag some shares at 25.53 and if it falls lower I'll buy more near previous support. I will also look to put a stop market order in on the DB breakout above 28.25.
SWKS cleared an hourly double bottom, and has been a leader on the market rebound. I put in a stop market order at 87.75 and was immediately rewarded with a charge to 89... I'm in for avg price of 84 now, and plan to hold this long-term and take it to new highs. This would be a great redemption from taking a loss on my previous 102 entry.
One of the story stocks for steady growth and in a strong sector has now setup a perfect shorting opportunity. It seems to me this is a great stock to watch to gauge the overall market health. If we break below 230, I'll definitely change my stance to a bear.
I see FB as one of the strongest stocks coming out of the correction. I plan to buy it near to the yellow support line
I see a base forming in NHTC. I will exit at a return to parabolic SAR and take 1/2 profit at 29.75. I will hold 1/2 position for long-term new highs.