DK (Delek US holdings) Nice risk reward here on $DK for a swing long. A few reasons I like it: -with T D sequential reversal 9 daily , - support of 200ema, -and RSI at the lows. I will wait until the end of the trading session today and see where it goes before entering a small swing. Trade safe.
DKNG failed bull flag pattern dropped down to my .618 Fib and bounced off. Support is 49.52, 47.80, then 46.94
Currently long, however this can be b/o play for those who trade b/o.
I'm long DK because it has a huge base. You get it?? Seriously though, after that massive consolidation, it better rise fast.
This is a bullish swing trade I am considering entering tomorrow. I am going to watch the markets closely to see how they open tomorrow as well as the oil market. I liked the crude inventories number that came out this afternoon which I believe could help boost oil prices as well as the price of oil stocks. Whether I enter this trade or not will depend on several...
ULTA is still rising, albeit on lower volume in recent time. The beauty store provider is still generating strong earnings growth with a 3 Year E.P.S Growth Rate of 25% and an E.P.S % Chg (Last Qtr) of 39%. This is accompanied by a 3-Year Sales Growth Rate of 21% and a Sales % Chg (Last Qtr) of 24%. This shows that an increase in sales is driving E.P.S growth,...