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EDU

$EDU: Top of the range with odd fundamentals$EDU has tested and failed at the $108 level for the 3x in 20 months. Short-term price action has confirmed a break in the immediate trend. This is a company which has sacrificed margins for earnings growth. Earnings growth is at +1 standard deviation while operating margins have crashed from 22.5% (end 2009) to a miserable 8.9%, at -2 standard deviation level. Either competition is too severe in the after school learning space (it is a very fragmented space) or $EDU has lots of under-utilized learning centers which is dragging on margins. Furthermore, you have a company whose operating profits growth is slowing while eps growth is increasing??? With funny numbers, weak markets, weak spending power in China, weak USDCNY (EDU earns RMB reports in USD) and near +1 standard deviation valuations, I smell blood.
NYSE:EDUShort
by WellTrainedMonkey
BTC IN END OF 2018DO NOT MAKE ANY TRADES BASED ON THIS IDEA. DYOR! hey guys. as we see BTC fails to break the triangle once again and goes to support zone. In my opinion i think with RED Strategy BTC will fall to 5800-5600 support zone and then bounce back to the hypotenuse of the triangle. if it succeed we go to BLUE strategy and a bounce to mid support zone is expected and then we go GREEN . We have a minor resistance in GREEN strategy and i hope we can pass this and go further. I will track and update this post. it will be very helpful if you write your opinions and tell me if i'm wrong or some. Good Luck!
Long
by lvlr
Support & ResistanceSupport and resistance levels are critical in financial markets. They are very similar to pivot points, except simpler. When the price of a pair goes up to $10,000 and goes down to $9000 USD, that $10,000 USD zone is now resistance. If it bounces from $9000 and up to $11,000, the $9000 level is now support and the $10,000 resistance is now broken and could potentially turn support, where it can bounce. Generally, for resistance or support to break, a candle has to close above or below support and resistance. A wick above either is only the price “testing” resistance. I generally wait for a close above / below as well as further movement in the same direction, and a possible volume break-out short term. This is because a close above / below itself can be a fake-out, or a fake breakout, and continue doing what it originally was.The blue box is an example of a fake-out. The more often support and resistance is tested, the stronger it is. The stronger support or resistance zones are, the stronger they will break out. For example, if a support is tested 5 times and breaks to the downside, it will move down further than for example, if it was tested 2 or 3 times. Next post we will get into support or resistance zones and also examples on how to trade them.
BITFINEX:BTCUSDLong
by JCBCrypto
5
Missed OpportunityLast summer I was learning about Stock Screeners and was playing around with the tool. I had inputted some very difficult ranges for several evaluation categories. I followed the stock for a little while and then gave up, only now following up. Missed Opportunity as it was a strick set of criteria (almost impossible) I had inputted into the screener. I actually thought it was to good to be true as the TSM and EDU (both NYSE) were the only stocks that appeared in the results. EDU went from $22 to $34 in about 6 months. Wow, I have to believe!
NYSE:TSM
by ForexTradingIdeas