TTD - 10/1 Stock split june 17thTTD - The company through self-service, cloud-based platform, ad buyers create, manage and optimize data-driven digital advertising. It has gone up 2,100% since ipo in 2016. Its number 1 in its sector and has P/B value at 25. Its a good buy / trade before the stock split, imo.
Stocksplit
Amazon - Time to sell back to the imbalanceWe have used the S&P500 for reference as well as Nasdaq100
We have a trendline break on the ray and now an opportunity to sell to 2021 for a nice target of 2400 but with a range from 2280 - 2450.
Enjoy the trade.
To further explain everything; check our links which will provide further details in our setups.
Note: after the stock split which was a great tactical move, the impulse of trading volume has created a great engulfing opportunity for longs.
Now this trade out look will be a few months so if you are here for short day trading, you will have to look else where however if you have the know how - the setup can work on smaller timeframes.
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Amazon next to announce a stock split !?? Maybe 10:1The flavour of the day in these unusual times appears to be pushing up stocks like Apple and Tesla after they announced a stock split. Is Amazon next in line?
Shares of Amazon currently trade at $3,500 and are arguably in much greater need of a split.
Tesla has rallied 70+% since its stock split announcement
Apple has gained circa 35% since its own plans were made public
Apple Announces 4-For-1 Stock Split To Bring In New InvestorsApple just put its shares on sale.
The iPhone giant announced after the market closed Thursday that its board approved a 4-for-1 stock split for every shareholder of record at the close of business on August 24. This means each Apple shareholder will receive three additional shares for every share held. Shares will begin trading on a split-adjusted basis on Aug. 31.
On Friday, Apple's stock jumped $40.28, or 10.5%, to $425.04.
A stock split doesn't change the underlying value of the company, it just lowers the share's price. For every share a shareholder owns, they will now own four. However the value of the shares will be one-fourth what they had been. The value to existing shareholders is that it adds liquidity and makes the shares more affordable to new investors.
It also signals to the market that the stock price has been rising. Investors want stocks with positive momentum. So, this tells investors that the stock has done well and can now be bought at a cheaper price.
Stock splits remain relevant for companies that want to bring in a wider base of shareholders, especially ones who had been put off by the high share price. Based on today's closing price, after the split Apple's shares would cost $106.26 apiece. Lowering the share price increases demand, especially among retail investors who want to own the stock, but couldn't afford to pay $400 for a single share. Increased demand typically causes a stock's price to rise. And this is how the existing shareholders benefit from the stock split.
Since going public in 1980, Apple’s stock has split four times. In 1987, 2000 and 2005 the stock was split on a 2-for-1 basis. In June 2014, the Cupertino, Calif., company split the stock on a 7-to-1 basis.
Apple made the announcement during its release of third-quarter earnings . The company posted stellar results that beat analysts' estimates despite the challenging quarter in which most of the world went into lockdown because of COVID-19.
For the quarter ended June 30, revenues jumped 11% year over year to $59.7 billion. Net income leapt 12% to $11.25 billion, or $2.58 per diluted share, compared with $10.0 billion, or $2.18 a share in the year-ago quarter. The consensus estimate of analysts was for net income of $52.24 billion, and $2.04 a share.
“Our June quarter performance was strong evidence of Apple’s ability to innovate and execute during challenging times,” Luca Maestri, Apple’s chief financial officer said in a written statement. “The record business results drove our active installed base of devices to an all-time high in all of our geographic segments and all major product categories. We grew EPS by 18% and generated operating cash flow of $16.3 billion during the quarter, a June quarter record for both metrics.”
With $33 billion in cash on the balance sheet , in addition to the stock split, the board of directors declared a cash dividend of $0.82 per share of the company’s common stock. The dividend is payable on August 13 to shareholders of record as of the close of business on August 10.
LIMIT ORDER SET
TITLE/(DATE)- BUY LIMIT APPLE
ASSET- APPL
PLATFORM- MT4
ORDER TYPE- BUY LIMIT
Time Frame- 1D
ENTRY PRICE 1- $120.00(Pending)
ENTRY 2- $110.00 (pending)
STOP LOSS- $100.00 (200 PIPS)
TAKE PROFIT 1- $160.00 (400 PIPs)
TAKE PROFIT 2- $210.00 (900 PIPs)
TAKE PROFIT 3- $260.00 (1,400 PIPs)
TAKE PROFIT 4- $320.00(2,000 PIPS)
STATUS🚨 PENDING🚨
TITLE/(DATE)- SELL LIMIT APPLE
ASSET- APPL
PLATFORM- MT4
ORDER TYPE- SELL LIMIT
Time Frame- 1D
ENTRY PRICE 1- $504.00(Pending)
ENTRY 2- $524.00 (pending)
STOP LOSS- $544.00 (400 PIPS)
TAKE PROFIT 1- $404.00 (1,0000 PIPs)
TAKE PROFIT 2- $304.00 (2,000 PIPs)
TAKE PROFIT 3- $204.00 (3,000 PIPs)
TAKE PROFIT 4- $140.00(3,600 PIPS)
STATUS🚨 PENDING🚨
Apple reaching 2 trillion market capThe markets behavior has proven we love to test new highs, and record prices.
Making a calculation, Apple's market cap will reach 2 Trillion dollars around $467. I expect we reach this level to later retreat.
P.S:
Back-data shows the stock-split momentum stocks are best traded from the announcement, up to the actual split.
The Bullish Case For AppleAfter announcing earnings that absolutely blew past expectations and the announcement of a 4-for-1 stock split, shares of Apple absolutely skyrocketed on the Friday to a new ATH of just over $425. After this announcement, many analysts raised price targets on Apple of $450 and higher. This means that they seem to think investors will want to boost their equity in the company as much as possible before the split, and I believe this to be true. As it currently stands, apple looks about ready to pullback and consolidate back into its previous channel that it had maintained for months after the crash in March. With that being said, I think now will be the perfect opportunity to get into some leap calls or long shares and ride the wave to the top. Keep in mind that the split will occur between 8/24 and 8/31. Now more than ever Apple may be the most influential market mover.
**Indicators**
Valid upward trend with an inclining ATR at almost 12
Daily RSI at 73.8, slightly overbought and may present the case for a short term pullback as it looks to fill the channel again.
Starbucks - A Long Term Cup of JoeYou are looking at a WEEKLY chart of SBUX. Starbucks recently split the stock 2 for 1. The stock ran up into that split and is now digesting all that action. It has been lower for the last 3 weeks. But I expect SBUX will soon resume its trek higher.
In late 2008 and early 2009, SBUX put it a Double Bottom. In early 2009, SBUX began going higher. It has never looked back and is still acting strong.
August of 2010 was a good indication that UT 1 was intact. In October of 2012, after a six month downtrend, SBUX touched UT 1 and began UT 2.
I included the red downtrend lines just to make a point . When the price of a stock closes above a downtrend line, it may be the right time to try going long. If you want to short a stock, you can try going short when the price closes below an uptrend line.
The first red downtrend line I spoke about above was 6 months long. The second red downtrend line was also about 6 months long. The third red downtrend line (DT) has lasted 3 weeks so far. I can't tell you how long it will last but I will wait for a sign that SBUX is ready to go higher before I jump in. I feel obligated to say I am not willing to short at this point either. One hint into my own guidance for my own investments is that it looks as though SBUX may put in an "inside week" this week. It will take more time for the signal to be confirmed one way or the other.
Let's talk about the dashed line I labeled the "Accelerated Uptrend". It is above UT 3 and is acting like an uptrend line all by itself with no relation to the solid line Uptrend Lines. If I were in SBUX at the moment, I would be watching this dashed line very closely. If SBUX closes below the dashed line I would sell some and try to buy back at UT 3. If you get stopped out on your repurchase at UT3, try again at UT 2.
On the other hand, if SBUX closes above the DT line, it should be safe to try going long or adding to an existing position. Use a comfortable stop and keep an eye on the chart.