Consumergoods
Tattooed Chef Inc - Outbreak ALERT - Bullish for 2021 - Hey fellow Traders,
first of all i wish everyone a succesful and happy new year, may your dreams come true!
Now lets get back to business, today i´d like to talk about NASDAQ:TTCF
As we already saw it was forming an strong resistance at the 24 ish level , but we could finally manage to break that with good volume coming through and positive newsflow.
What does this mean for future investors?
So it would be a very healthy and good sign to turn the previous resistance level into a new support line.
Also it signals us that the stock is ready to move higher to the next targets.
But letme give you some reasons we are bullish going long into 2021:
Incredibly well positioned in such a fast growing market.
Vertically integrated company = from designing the to growing and packaging - everything comes from one hand.
38 Current SKUs in market, 62 by end 2021.Competitor BYND for example only has 9 SKUs.
2 Billion AD Impressions in 2021.
First huge marketing campaing will happen this year with the agency NitroC.
Expansion to Mexico and Europe is about to start.
More than 17% held by Institutions which will only increase by time.
Profit margin more than 20% which will only increase.
Already in the 4 biggest US retailers
Target and Walmart tests are outperforming.
Category sales are up huge.
Analyst coverage promised soon.
Fiesty CEO & Highly Innovative with Sarah.
Sells through Q4 was said to have been incredible.
Media coverage through Cramer on CNBC , Youtubers and Blogger talking about this stock.
Introduced to Puplix,Kroker , 7 Eleven and dozen more.
I could continue this list like forever but i want to encorouge you guys to do your own research.
Investing is always invvolved with a risk of loosing your capital , so this is no investment recomendation at all. Just my personal opinion.
You will soon realize this is the start of something big, and they haven´t even been paying dividends yet.
This could be a hold forevere stock if things play out as planned.
If you like this idea please feel free to leave a comment or follow , it would be greatly appreciated.
Greetings,
Sebastian
A look at the COT & TECH100 components earnings"Markets rally on Trump recovery"
The low of short selling has bounced
There has been nothing as high this whole bull market even with the bounce to 80k lots short
Back in 2006 the net positions bounced then dropped lower
Short on tech stocks but long the S&P
Looking at the components
Price to earnings trend
The NASDAQ-100 PE ratio is the same as the S&P according to the wsj.
So many bears... This bubble has plenty of room to grow.
$MNS breakout to new ATHs Great ER forecast catalyst$MNST beverage co. hit ATHs this AM then sold off into the afternoon. Stock moves slow but steady. Monster should be in line to report a terrific quarter with monthly sales #'s at all time highs and CFO said they are in line for highest profit quarter in their company history. Positive technical signals w the MACD crossover to positive, above all MAs, volume increasing as earnings approach. Stock has been consolidating for some time but has made a nice move up lately. Another consumer discretionary/consumer staple stock that could be late to the party like a $WMT and $COST too. Think this can hit 80+ with a ER crush and they do have the greatest returns out of any public company traded on the NYSE in the past 20 years! $MNST Monster Beverages kills it.
Ascending Channel for TNY?TNY has seen some consolidation into an Ascending channel, which is another Bullish Pattern coinciding with multiple other bullish patterns that have played out recently.
Noticeably the green bullish flag I have outlined is a recent bullish pattern, and there was also a giant inverted H&S that played out to the upside, the right shoulder being the green bull flag & the head of the pattern is the green human icon.
How long the channel has lasted will help determine the trend's underlying strength.
In the context of technical analysis, a channel occurs when the price of an asset is moving between two parallel trendlines.
A channel consists of at least four contact points because we need at least two lows to connect to each other and two highs to connect to each other.
Notice a possible divergence on the RSI?
$HAS long term callsAs America reopens again, parents will bring their kids out more and more toys via the monopoly of kids toys w/ Nerf Guns, Monopoly, and a wide array of historic US board games, modern kids games that I'm too old to know about, and their ongoing prowess of innovating and adapting. $HASBRO looks like a great risk/reward opportunity in both common shares and the options market whatever one feels more comfortable trading within.
I think 2021 should see incredible sales growth and it is a long term hold who knows where it will open money but I'll be watching and trying to give me analysis along the way.
$CLX can rise in the next daysContextual immersion trading strategy idea.
The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Cleaning, Household, Lifestyle, and International.
The share price rose after good earnings. I see some preconditions the share price will continue growing.
The demand for shares of the company looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $199,59;
stop-loss — $193,91.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$ELY can rise in the next daysContextual immersion trading strategy idea.
The Chefs' Warehouse distributes specialty food products in the United States and Canada.
On 30 April the company announced increasing its offering size of convertible senior notes due 2026. It causes a rise in the share price.
At the and of the day the demand for shares of the company looked higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $14,41;
stop-loss — $13,31.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Hormel Foods versus Campbell's Hormel Foods is an industrial scale grocery supplier. Similar footprint to that of Campbell's $CPB but with a lower OpEx and higher revenues.
Notably, the company trades at nearly 3x P/S versus Campbell's which trades at 2x P/S.
Both seem like logical, undervalued, consumer staples, though I would see a convergence in this price differential as we come closer to earnings.
Campbell's Soup - 0% for the year...Recent price volatility says a lot about human behavior, but the long term price chart for Campbell's is relatively lackluster versus others.
No doubt consumer staples and essential items are going to get a boost here with upcoming earnings in Mid-may.
Worth watching. Post-earnings, I'm looking for $53/share.
$KO can fall in the next weekContextual immersion trading strategy idea.
The Coca-Cola Company has a strong downside trend.
This and other conditions can cause a fall in the share price in the next week.
So I opened a short position from $38,13;
Information about stop-loss take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Here is a buy setup in supermarket giant, Woolworths $WOWWe can see a reversal candle yesterday and a bullish engulfing candle today.
Furthermore, strong support/bounce off the 200 MA on the daily.
Also, TD sequential is showing a red 9 signaling a potential short term bottom.
I entered a small position this morning.
Stop loss below the 200 MA. (Red line)
Bullish Pennant?Possibly a descending triangle?
A pennant is a continuation pattern in technical analysis formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines - the pennant - followed by a breakout movement in the same direction as the initial large movement, which represents the second half of the flagpole.
Pennants are continuation patterns where a period of consolidation is followed by a breakout.
It's important to look at the volume in a pennant—the period of consolidation should have lower volume and the breakouts should occur on higher volume.
Most traders use pennants in conjunction with other forms of technical analysis that act as confirmation.
Pennants, which are similar to flags in terms of structure, have converging trend lines during their consolidation period and last from one to three weeks. The volume at each period of the pennant is also important. The initial move must be met with large volume while the pennant should have weakening volume, followed by a large increase in volume during the breakout.
Is TNY trading in a Bull Flag?Since my previous two post about TNY trading in a bullish flag pattern & a ascending triangle; which both broke out to the upside, it appears as though Tinley is trading in another Bull Flag that may bring us over the 200 Day MA, and there's also a series of micro higher lows.
Only time will tell, but notice on the rsi TNY appears to have a bearish divergence?
Divergence can occur between the price of an asset and almost any technical or fundamental indicator or data. Though, divergence is typically used by technical traders when the price is moving in the opposite direction of a technical indicator.
Positive divergence signals price could start moving higher soon. It occurs when the price is moving lower but a technical indicator is moving higher or showing bullish signals.
Negative divergence points to lower prices in the future. It occurs when the price is moving higher but a technical indicator is moving lower or showing bearish signals.
Divergence isn't to be relied on exclusively, as it doesn't provide timely trade signals. Divergence can last a long time without a price reversal occurring.
Divergence is not present for all major price reversals, it is only present on some.
L/S Swedish Equities Pairs TradeConsumer Defensive / Consumer Cyclical
30/12/2019 Close
Long: ESSITY_B Current Price SEK: 301.80
Short: WESC_AB Current Price SEK: 0.0046
ESSITY / WESC spread Entry Range: 65608.70
ESSITY / WESC spread Hard Stop: 59076.70 (10%)
ESSITY / WESC spread Soft Target: 85374.00 (30%)
BETA hedge
For every SEK 1.00 Long of ESSITY_B
SEK 9.00 Short of WESC_AB
*Build you position in two stages enter with 50% of desired exposure.
*+add too the position on a breakout or at the soft target.
*Hedge your currency exposure, unless you have a view on SEK.
*HIGH RISK trade.
Essity: Consumer Defensive (Manufacture Tissues, Toilet paper & other hygiene products) Strong fundamentals, very defensive and predictable earnings with consistent global demand, outperformed all of its competitors in 2019.
*Market Cap = 212B
*EPS = 14.10
ESSITY_B Consensus Jan 2020 =F1 Jan 2021 =F2
F1 P/E: 20.10x
F2 P/E: 17.60x
F1 Earnings Growth: 22.38%
F2 Earnings Growth: 6.70%
F1 Sales Growth: 2.70%
F2 Sales Growth: 3.00%
F1 PEG: 0.89
F2 PEG: 2.62
Risk: Reflation of the global economy, and solid resolution of political tensions. And therefore a full risk on scenario and defensive stock underperformance.
Wesc: Consumer Cyclical (Trades Apparel & related products, under it brand name WESC) Weak fundamentals, very cyclical and “polluting” as it’s fast low quality fashion. Loss making. In desperate need of a turn around, I feel the business will not attract new talent (As the brand is notoriously NOT cool for millennials and gen z) and isn’t worth turning around as a brand, also no analyst and very hard to find relevant financial information in for the company.
*Market cap = 22M
*EPS = -0.0150
Risk: Merger, acquisition or turnaround. Otherwis I’d be happy to keep this position on for the foreseeable future.
*KEEP YOUR POSITION SIZE SMALL*
This is a risky pairs trade as WESC could get bought out, or turned around and go to infinity, but I’m betting against that.
LONG High quality Swedish Consumer Staple.
SHORT Low quality Swedish Consumer Cyclical.
Is TNYBF trading in a Ascending Triangle?We've had the highest volume on the U.S side this year recently, along with the highest short on TNYBF on Dec 24th with 100% of the trades short, keep in mind it's not uncommon to see over 50% of TNYBF short, TNY on the CSE usually trades much higher volume, which is the Canadian ticker symbol.
Anyway, this recent move has put TNYBF over the MA50&200, and it also appears like we're trading in a Ascending Triangle.
Key Takeaways
The trendlines of a triangle need to run along at least two swing highs and two swing lows.
Ascending triangles are considered a continuation pattern, as the price will typically breakout of the triangle in the price direction prevailing before the triangle. Although, this won't always occur. A breakout in any direction is noteworthy.
A long trade is taken if the price breaks above the top of the pattern.
A short trade is taken if the price breaks below the lower trendline.
A stop loss is typically placed just outside the pattern on the opposite side from the breakout.
A profit target is calculated by taking the height of the triangle, at its thickest point, and adding or subtracting that to/from the breakout point.