YETI- TEST AND CONFIRMED DEMANDYETI- TEST AND CONFIRMED DEMAND -Demand confirmed with large volume candle. -Backtest successufl with low volume candles. -Demand zone support. -Consolidating on range with successfully test, wait for up ahead. -Insider buyLongby phanvinhhai0
YETI (NYSE:YETI) Soars 11.58% As it Exceeds Q1 ExpectationsYETI (NYSE: NYSE:YETI ) reported better-than-expected Q1 CY2024 results, with revenue up 12.7% YoY to $341.4 million. The company made a non-GAAP profit of $0.34 per share, improving from its $0.18 per share in the same quarter last year. YETI's Q1 CY2024 highlights included a balanced, double-digit growth across both wholesale and direct-to-consumer channels, as well as Drinkware and Coolers & Equipment categories. The international sales mix reached a record 19%, and domestic growth re-accelerated. Profitability continued to show strength with both adjusted gross margin and adjusted operating margin expanding nearly 450 basis points during the period. YETI specializes in durable outdoor goods, including coolers, drinkware, and other gear tailored to adventure enthusiasts. Its long-term performance can give signals about business quality, but its recent history shows the business has slowed as its annualized revenue growth of 7.9% over the last two years is below its five-year trend. This quarter, YETI reported robust year-on-year revenue growth of 12.7%, and its $341.4 million of revenue exceeded Wall Street's estimates by 2.4%. Looking ahead, Wall Street expects sales to grow 8% over the next 12 months, a deceleration from this quarter. YETI's free cash flow margin has averaged 8.4% over the last two years, subpar for a consumer discretionary business. In Q1, YETI burned through $114.3 million of cash, equivalent to a negative 33.5% margin, reducing its cash burn by 101% YoY. Analysts predict that YETI's cash profitability will fall over the next year, with their consensus estimates implying its LTM free cash flow margin of 10.5% will decrease to 7.9%. Technical Outlook NYSE:YETI stock is up 11% on Thursday's Market trading forming an Upside-gap due to the earnings result with a Relative Strength Index (RSI) of 60 which is slightly overbought. Longby DEXWireNews2
5/8/24 - $yeti - would LOVE a dip on this fundamental buy5/8/24 - vrockstar - this is one i've long loved and wanted to size up in the right situation. the last print was a disaster, but probably not considering the consumer environment. the current px is defn already taking this into account. at 14x PE, net cash, high single digit FCF yields... objectively this is an OBVIOUS buy in a 9-12 mo context (even year-end target IMO). I'm staying cautious, however, b/c this tape is absolutely ruthless and any indication that mgmt decides to water down the outlook, or imply that consumers are shopping less for this (let's be honest) pricey stuff... will re-rate us a bit lower. I'm targeting a 12x PE on 2.5$ of EPS which puts you near $30. anything below that is a pretty obvious buy and you've effectively filled the gap from late '22 (*check*) and don't have any more technical nonsense to beware. therefore hoping for a dip buy. I'd even be buying a relatively shallow dip... stock defn setting up for the worst. my guess is that it's a good print - unfortunately it's hard enough to own those, nevermind a consumer name selling expensive merch if something is communicated poorly. stay nimble my friends on this, don't miss a dip buy if presents itself.by VROCKSTAR1
YETI Stock Chart Fibonacci Analysis 020824 Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 45/61.80% Chart time frame : C A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : A A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.by fibonacci6180111
YETI Stock Chart Fibonacci Analysis 011624Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 45/61.80% Chart time frame : C A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : A A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.by fibonacci61801
$YETI Power Earnings Gap & ConsolidationLooks to me that NYSE:YETI may be ready to make a move higher if the market rebounds. So far today it is shaping up to be an inside day (the day’s not over). This may take a few days or weeks to develop so maybe something for your watchlist. If it does not drop below and stay below the range established after earnings, I will look for a good long entry. If it drops and stays the idea is invalidated. Ideas, not investing / trading advice. Comments always welcome. Thanks for looking. Longby jaxdogUpdated 220
YETI Stock Chart Fibonacci Analysis 042923Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 39/61.80% by fibonacci6180111
YETI looking solid for a 40 base breakoutYETI has been basing for a few months now, showing us clear resistance at 40 (sellers) and with buyers stepping up supporting the stock at HKEX:38 , this set up is showing us HKEX:2 risk with a short term target of the retest of the recent pivot high of HKEX:48 would be around a 4-1 risk reward trade. Longby Tradingexperts241
As bearish as we've ever been on YETIWe've been bearish on YETI even before tough economic times. The chart setup looks good to go short once again. Shortby FlightschoolUpdated 0
WATCH $YETIBullish Fundamental - High inflationary Macro environment / no fear sentiment - Decent Accumulation/Distribution - Decent PE - Decent PEG - Negative P/FCF - Decent Sector / Industry / Leader Technical - Momentum Theory Indicator - bottomed / waiting for breakout - Price action formation ( falling channel ) - Break Trend line - Below 200MA - POC support - ST not ok - No bullish Candlestick pattern / formation Entry idea - For members Stop loss depending on entry and risk appetite. But always set meaningful stops. "“When you really believe that trading is simply a probability game, concepts like right or wrong or win or lose no longer have the same significance.” Cheers and happy trading! Longby nexxtrade0
YETI Emerged out of a Bear Market as a New LeaderYETI Emerged out of a Bear Market as a New Leader This stock IPO'd in a bear market and help up pretty well. Formed a nice Cup & Handle. The best cups seem to form in Market Corrections. by ItsAllGoingToPlan0
4/4/2022 NYSE (YETI)Buy (Entry Price) above the black line and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price. Entry Price: $61.73 Target Price: $63.00 Stop Loss: $59.59Longby Airecap_HyperUpdated 0
YETI (LONG) Yeti has completed the wave 2 down and now looking for the 3rd up at $70 range.by UnknownUnicorn9107511
YETI Long & Short, timing is everything.YETI Short Term View: Long Descending wedge still has room to develop. Watching for a breakout to the upside and targeting $92 area. Stock has sold off 30% from the top and if it continues its downtrend to the bottom channel it will be -35%. A rebound is likely with upcoming earnings unless the overall market goes into full crisis mode. Long Term View: Short Assuming this bounces from oversold levels, I am looking to initiate a short position due to overall market and a lot of other names already crashing (ZM, OSTK, PTON, etc, etc.) Along with what i see to be earnings deceleration on a lot of companies after the stimulus dried up, no unemployment, inflation pressures, interest rates, fed tapering, etc.Shortby SheepTrades0
$YETIAt clear support here. Manufacturing numbers tomorrow 1/4/22. if numbers are any good this could go for arunby Adamprints0
yetitp 22 % tp 19 at 105 buy 1 at 86 risk 6 at 80 ( 1 : 3 ) risk 7 % Financial Strength 7 Profitability Rank 7 Valuation Rank 0 Last Report 2021.06 Trend from 2020.03 Pattern_m - Pattern_w - Pattern_d - EMA_m (trend) - EMA_w (trend) - EMA_d (trend) - MACD_gist_m (divergence) - MACD_gist_w (divergence) - MACD_gist_d (divergence) - EIS_w (green/blue/red) - EIS_d (green/blue/red) - EFI_w (up/down) - EFI_d (up/down) - Longby denisluUpdated 0
YETI Snapback/BounceYETI is overextended to the downside on its 6th consecutive red day. It has now exceeded the lower bollinger band and is oversold on the stochastics. It has also reached a support bounce area around 85 range. It also has the 200 sma as support. All this considered i believe a relief snapback bounce is in play until 91 range.Longby BBTrader293
$YETI FOLLOW THE TREND -Yeti picked up the trend on the 9-day and as yall can see we pulled right back to it -we shall see a continuation of the trend as long as we do not fall below the 9-day -the green cloud is telling us the bullish momentum we got going on so we have 2 confirmations for the entry your third confirmation should be price action on monday and then you can take an entry Longby Ubaidy1000
Yeti possibly ready to breakout ... LongYeti is looking good , looks to me like we have had only one basing period since the March 2020 crash and this is seemingly Base number 2, I like the massive volume spike experienced in this basing pattern and I like the duration of the basing pattern too , which is a little on on the long side but that's good because YETI has had some time to digest gains and weed out the weak holders . I think that YETI stands out most stocks need more time to digest gains and to only have two bases from march to now along with the stability of this base to date is looking great . All we need is for demand to push us up past resistance and we should be in for a nice ride .Longby NAK19873
Inverse Head and ShouldersThe head is at 60.75. LS is 64.80 and RS(right shoulder) is 65.25. Possible stop below lower shoulder. Long entry is a break of the neckline (NL) with an uptrend. Looks like there was a double top before the pull back. The head and shoulder bottom pattern occurs during a downtrend (there has to be a downtrend to reverse as this is a reversal pattern), with the left shoulder being an additional lower low for the downtrend. (In other words, the security in question looks pure awful )o: The first peak after the left shoulder is just another expected short-term retracement upward in a ongoing downtrend. From there prices continue moving downward and make yet another lower low which creates the head. So far the inverse head and shoulders pattern is not a head and shoulders pattern at all. The head is just a lower low. Then things change if the pattern is really an inverse head and shoulders . Price fails to make another lower low, but makes a higher low. IE, the right shoulder is higher than the head. This is where those who have shorted the security in question, may become concerned. The neckline is resistance and is a line drawn connecting the shoulders. The neckline can slope. The 2 shoulders need to be close to the same level. Not exactly the same level. If there is another low that is lower than either of the 2 shoulders, then I would exit the trade. Hypothetically, if one were to enter this trade now, (which is againt the rules (o: or say you already were in this, then the lower shoulder would be a good stop. This is hypothetical and meant to emphasize the importance of no further bottoms forming (o: There can also be a complicated inverse head and shoulders with multiple bottoms as well. Some say a higher right shoulder in relation to the left shoulder is bullish . Also, the larger the price decrease leading to the structure can lead to a greater reversal. You can project the height of the structure upward from the neckline to get a ballpark guesstimate of where price may go. Inverse head and shoulders do well as a rule in a bull market (If that is what we are in) Head and shoulder tops perform less than fantastic in a bull market. A head and shoulders top in a bull market, may never get through the neckline, or if it does, bounce right back over it after a short downtrend. I have seen several head and shoulder tops appear to fail recently. The opposite is true in a bear market. Not a recommendation. Earnings 5-13. Short interest is usually on the higher side and is 7.48% depending on where you look. Long entry before a break of the neckline can be hazardous to your health (o:. by lauralea1
$YETI Channel BreakoutYeti been trading in a downward slopping channel since early Jan 2021. The stock is showing signs of firming up inside the channel and probably setting up for a breakout. Ideal entry would be a on a minor pullback to the $72 area before the breakout takes fold. It is what I will be watching for this coming week. Yeti Holdings Inc (YETI)- DESIGNS, MANUFACTURES AND MARKETING INNOVATIVE AND OUTSTANDING OUTDOOR PRODUCTS. Longby TaPlot4
YETI Rebound WaveYETI has posted a higher low in its daily chart. It seems to be forming a rebound correction wave pattern. It has crossed above its moving averages which will act as support. I suspect this will go the next leg higher to the 79 level of resistance to complete the wave.Longby BBTrader291