NYSE:TIF Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100%.
Tiffany Company had the highest percentage gain for the S&P500 on Friday, defying the overall stock market rout that day as stocks slumped downward. TIF ran up strongly on a positive earnings report after an at-open minor gap down. The stock has completed the initial phase of a short-term bottom. Looking for an entry to move higher above this resistance, perhaps...
$TIF gap fill is coming up.... It's below 100 SMA and there is a possibility of testing 200SMA (1) on daily chart. Then (2) ....
This is the time to buy the dip, expecting a bounce from here.
Yes, fears for TIF aren't over and this scenario will clarify better what's next... At the moment 94.58 could be a target to respect. Have a Good Weekend, Learn how to beat the market as Professional Trader with an ex-insider! Cream Live Trading, Best Regards!
3 confirmation on my short TIF idea. Looking to add to short on this rally.
Based off my TIF/Si1! analysis (see TIF/Si1! below) ...TIF and glaring short. Retail in general a hot topic at the mo. I'm already short silver at 17.69.
TIF has a bullish reversal setup, good valuation and fundamentals and a high beta. It's a very interesting stock to own, with clear relative strength, and good potential upside. We have taken the long from 62.80 today, stop at 62.03, and aiming for prices over 64.50 in the intermediate term. Rgmov shows an uptrend is active, and the RgExp volume indicator confirms...
TGT entered my analysis in bearish yesterday 6/9. This gap therefore IS trapping people. One could go bullish now. Stop at $79 or 79.03 Target - mid 80's
87.50 / 85 Bull put spread July expiration AO 6/10/15 This is a bullish gap! The bear call spread will come close Likely. .25 limit on the spread On a 1-10 bear to bull I'm a 6
If TIF opens above 92.10 consider using the Gap N Go Strategy. To get a free and complete trading education go to www.RealLifeTrading.com
If TIF gaps below 82.64 consider using the Retest Gap strategy. If TIF gaps above 91.47 consider using the Gap N Go strategy but watch out for pivot points at 93.73 and the 200sma. To get a free and complete trading education go to www.RealLifeTrading.com
TIF expected to open at 94.90 for a Retest Gap. Watch out for close support/resistance points. To learn to trade this strategy for free, go to www.RealLifeTrading.com