YETI (NYSE: NYSE:YETI ) reported better-than-expected Q1 CY2024 results, with revenue up 12.7% YoY to $341.4 million. The company made a non-GAAP profit of $0.34 per share, improving from its $0.18 per share in the same quarter last year. YETI's Q1 CY2024 highlights included a balanced, double-digit growth across both wholesale and direct-to-consumer channels, as...
YETI Short Term View: Long Descending wedge still has room to develop. Watching for a breakout to the upside and targeting $92 area. Stock has sold off 30% from the top and if it continues its downtrend to the bottom channel it will be -35%. A rebound is likely with upcoming earnings unless the overall market goes into full crisis mode. Long Term View: Short...
Resistance zone confluence level reached. Testing the 0.618 of the latest leg down. RSI divergence at resistance zone on the 1H MACD cross over on the 1H We do have earnings coming our soon, be nimble.
-Yeti picked up the trend on the 9-day and as yall can see we pulled right back to it -we shall see a continuation of the trend as long as we do not fall below the 9-day -the green cloud is telling us the bullish momentum we got going on so we have 2 confirmations for the entry your third confirmation should be price action on monday and then you can take an entry
Outcome Predictions - (pink) price continues with uptrend until after earnings report. stock hits price high for wave again before correction and EMA folding over before 5th wave - (blue) EMAs fold over now with larger drop to $62 - (purp) correction already over Patterns - two nearly identical bull runs - may have already seen same $12.50 drop twice - third...
Hello everyone, Some people found my " Orangutant pattern a.k.a China ape offensive " and this way I would like to apologize to everyone who has found it so. I didn't mean to insult or hurt anyone So please accept my heartfelt apology It is my Birthday today and your likes and feedback for my previous work ( Orangutant pattern ) were the best present I could...
I thought about this chart because as I am typing I am drinking from a Yeti mug. I am familiar with the brand and a lot of young people are as well. They really do have a strong presence and are smart marketers. With that being said, I have never owned or traded this, but am well aware of it and have had it on my watchlist. The chart I have here shows YETI since...
$MNST beverage co. hit ATHs this AM then sold off into the afternoon. Stock moves slow but steady. Monster should be in line to report a terrific quarter with monthly sales #'s at all time highs and CFO said they are in line for highest profit quarter in their company history. Positive technical signals w the MACD crossover to positive, above all MAs, volume...
Like the double bottom, good volume, entry on high of pre. Market if volume is their
Yeti was a long for me at the beginning of the year, as I thought it would have nice growth potential. The chart, however, tells a different story. Until it reestablishes a new positive trend of higher highs and higher lows, I'm short.
YETI had a failed breakout of the ascending triangle and has promptly broken down from the triangle. It retested and is following through to the downside. Looks like a great short opportunity.
Supply either absorbed or barely present. Looking good going into earning + the whole range in 100% buyer dominated. Long campaign, target $70+.
Baby, it's cold outside. Barstool Sports is really going to have to up their shilling of $yeti products in order to deal with the disgusting price structure, massive short interest, and global pandemic! I picked some 3/27/2020 30$ puts for 1.29$, some 7/17/2020 25$ puts for 1.5$.
YETI is struggling to turn a profit and losing momentum. If Q1 earnings miss, I do not expect $38 to break. YETI may need to shave off $10 and retest $28 again.
Due to the strong Beta of Yeti (2.96 [Stock moves 2.96x as fast as avg of market direction), expect a rip up if the "santa claus" rally truly takes off. Volume is indicative of a move north, in addition to the clear consolidation, and break through upward channel price of $37.75. YETI's expansion into international markets and their continued uptrend make for...