Hello dear friends! Today, the gold market is relatively quiet as prices have slightly decreased, fluctuating around $1970 - $1971 per ounce. Gold is facing profit-taking pressure after a recent strong rally. Investors are taking profits as the USD shows signs of strengthening. To challenge the highest level reached on July 20th, which was $1988, buyers will...
Structural similarities can be seen in green boxes which both follow a nice double bottom Further upsides may be seen
Whats The Plan/Trade/Thought Signet Jewelers is a retailer of diamond jewellery. With the concerns of the recession, the cooling signs of the job market, layoffs in tech and the overall retail leadership cautiousness during the earnings. I think this is the right direction especially since it is following the larger market direction US retail sales also...
Happy Monday guys, I'm here with another Signal MATICUSDT has broken above a major Resistance and now it's ranging. because of the big Green candle I think it's gonna go higher how ever it might Pullback to 1.3 before it rises. So we need be cautious to see the price action. Buy now or Buy at 1.300 SL @ 1.23 TP1 @ 1.5 TP2 @ 1.67 Happy Trading :) If you...
You're a hero and have a ton of questions for you. AMEX:UVXY TVC:VIX TVC:SPX
$SIG looks to be a smart long-term play. We believe the stock is way oversold. $SIG trades at just 0.07x sales, 0.28x book, 1.12x cash, and 1.22x FCF. There's also a large short position with 23% of the float short. We believe there's more upside than downside at current levels. Signet Jewelers Limited engages in the retail sale of diamond jewelry, watches, and...
33% of the float in $SIG has been sold short. We are expecting a massive short squeeze to fuel $SIG higher. The latest earnings guidance is the catalyst to do so. Signet Jewelers (NYSE:SIG) reports same store sales were up 1.6% for the two-month holiday period. Same-store sales for the North America business were up 2.0%. E-commerce sales rose 13.5% during the...
Clean reversal off of the majestic .95 and a higher low on monthly. It it breaks the .95, I'll say a few prayers for the jewelry business and walk away.
False breakout? on $SIG I'm selling and waiting for a retest to buy again
Ready to buy at the 0.95 so long as the company doesn't fail. Highly doubt they will.
they got beat last earning, more than they should. weekly chart is showing they may reverse here. This is a long term hold. Sell 200 $34.00 Stop 200 $23.50 Buy 200 $27.29 As always, I will give you my fundamental reasons why I like the stock. I was in the market for a 2 ct diamond ring and did a lot of research. I reviewed a bunch of sites and...
$SIG Signet Jewelers now down 30% since earnings release last week. RSI deeply oversold and price at $35 long term support level from April of this year. Expecting a bounce in the near term from this area - targeting $44.00 by year end. Would like to see a close today >= $35.00 for confirmation. Note: Informational analysis, not investment advice.
$SIG Signet Jewelers (Zales, Kay, Jared) reports earnings tomorrow pre-market. Not a good sign that a descending triangle formed on the daily chart over the last couple months. Options are showing an implied move post-earnings this week of ~15%. Smart money looks much more heavily weights on puts. There's an unfilled gap down around $44.00 (-12% from current...
I'm not a good friend of Jewelry, neither of Signet Jewelers. Sad, but true... I had to move on 1 month chart to show you up! Have a Good Trading Week, Learn how to beat the market as Professional Trader with an ex-insider! Cream Live Trading, Best Regards!