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Pivot Point for SA? Bulls Ready to Take Over?If SA can break through the key level at 17.5, this may work its way back up to it's ATH established mid October and maybe surpass it. Key level identified at the area of my solid white uptrend line and the 50SMA on the daily chart, and the area right above the 10EMA on the weekly chart. Earnings is on the 15th so you would want to pay attention to that. The few areas of potential resistance to take note of are at 18 and 19. If SA gains momentum, I expect some pause or a pull back at 19 or 20.5 to help it gear up to break through to a new ATH.
NYSE:SALong
by emanuelaelias
PETS: An Ugly Chart with a Potential Comeback StoryPetMed Express, Inc. ( NASDAQ:PETS ) has faced a challenging couple of years, with the stock price declining from a high of approximately $50 to penny-stock territory under $5. The company has struggled with customer acquisition due to intense competition. While challenges persist, there appears to be potential for a rebound. On April 29th, Sandra Campos was named the new CEO. Sandra Campos is a Board Member, 3x CEO, 2x entrepreneur, and advisor in retail, CPG, and technology. Throughout her career as a consumer focused operator, she has built global lifestyle brands and has been instrumental in turnarounds, digital transformations, innovations, and international expansion (CNBC Profile). Additionally, the company has tried to maintain shareholder equity, while minimizing its use of debt. - Shares outstanding = 4.34% increase since 2021 - Debt = Issued $1.5 million in debt in 2024. No previous debt Some other positive factors to consider - Annual revenues are up from 2022 & 2023. Down compared to 2021. - Price/Book = 0.91 (Trading at less than book value), sector median is 2.59, which is a -65% difference) - Recent large insider buying At the time of posting this idea, the stock is up approximately 34% on the day, based on the recent positive earnings report, with a surprise earnings beat of 300%.
NASDAQ:PETSLong
by PeakInvestmentStrategies
TTWO pullback to $165MODs have suggested that I provide more detail about the picks I make. Sorry. I'm not as verbose as y'all, and I don't like things to be complicated. My trading plan is very simple. I buy or sell at top & bottom of parallel channels. I confirm when price hits Fibonacci levels. Bonus if a TTM Squeeze in in play. I hold until target is reached or end of year, when I can book a loss. So... Here's why I'm picking this symbol to do the thing. Price above channels (period 100 52 39 & 26) Stochastic Momentum Index (SMI) at overbought level VBSM spiked positive Price at 3.618 Fibonacci level In at $176 Target is $165 or channel bottom Stop loss is $178
NASDAQ:TTWOShort
by chancethepug
Long-Term Outlook: Polestar's Potential on the 3-Day CandlesticLong-Term Outlook PSNY: Polestar's Potential on the 3-Day Candlestick Chart Looking at the 3-day candlestick chart, we can observe some promising signs for the long term. While the price action may seem gradual, it reflects a steady build-up that could lead to significant growth in the years ahead. For those following Polestar, this chart provides a clearer picture of the broader trends and potential shifts in momentum. As always, patience is key. If the fundamentals align as expected, we could see a strong upward movement by 2026. For now, stay focused on the bigger picture and keep an eye on any key market shifts.
NASDAQ:PSNYLong
by Maximus20000
Believing in Polestar: Resilience and Opportunities in the USA Don't forget, Trump is unlikely to target Polestar's business as it works to establish Spaces across the USA. This expansion translates to jobs, taxes, spare parts, maintenance, and more. The South Carolina factory is also expected to reach its full production capacity sooner or later. Stay confident in this project. I understand how tough it can be, especially when you see stocks like NVDA, AMZN, or even TSLA climbing higher with each passing day. Our hope lies in the fact that if NVDA can gain SGX:40B -$50B in market cap in a single day, or TSLA and AMZN can do the same, then a modest increase for PSNY of $500M, SEED_TVCODER77_ETHBTCDATA:1B , or SEED_TVCODER77_ETHBTCDATA:2B is just pocket change for Wall Street algorithms. In conclusion? Stay strong PSNY fam'!
NASDAQ:PSNYLong
by Maximus20000
ELF stock HLStocks highlights: Elf Beauty (ELF) Intrinsic value(DCF, operating CF) : 146USD TA: Base formed and a strong up break post earnings and very strong growth stock with 40%+ revenue growth rec to put max 10% into portfolio AI Earnings report summary: Based on the financial report, the key growth drivers for e.l.f. Beauty are: 1. Consistent category-leading growth: The company has delivered 40% net sales growth in Q2, fueled by 195 basis points of market share gains in the U.S. and 91% net sales growth internationally. 2. Strength in both retailer and e-commerce channels: The company has seen strength in both its retailer and e-commerce channels, driving growth in net sales. 3. International expansion: The company has seen significant growth in international markets, with 91% net sales growth in Q2. The area of concern is: 1. Increased SG&A expenses: The company's SG&A expenses increased by $74.0 million to $186.1 million, or 62% of net sales, primarily due to an increase in marketing and digital spend, compensation, and other expenses. This increase may put pressure on the company's profitability.
NYSE:ELFLong
by jokersxsd
Key factors affecting stock performance in the near future.Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
NYSE:RTXLong
by Super_B_XinR
Lyft | LYFT | Long at $9.75First, from a technical analysis perspective, NASDAQ:LYFT has not "officially" found a bottom yet. No one can confidently state it has - their guess is as good as yours. This analysis is full of caution simply around the fact this stock could absolutely dip to below $5.00 in the future. With that said, NASDAQ:LYFT is currently the #3 travel app in the Apple store (#1 is Uber, #2 is Airbnb). It has a 4.9 (Apple) and 4.7 (Google) star rating and tens of millions of downloads. Car prices, insurance rates, parking fees, gas/electric rates, etc. are pushing more people into the rideshare environment. With a recession knocking on the US's door, the fee-for-service model will make more sense than actually owning for many. But, a recession is a recession and the market hates them... Lyft is currently the only true competitor to Uber and its earnings are likely to grow as the travel environment "modernizes" in the future. At $9.75, the stock closed all previous lower gaps on the daily chart. Currently, open price gaps (which are often good predictors of future price movement) are all above its current price. A bottom *may* be in, but see intro... I view the current price as a personal buy zone with room for additional shares if the price dips to near $5 (and fundamentals don't change). A high-growth potential stock in an ever-changing travel environment. Target #1 = $15.00 Target #2 = $22.00 Target #3 = $30.00 Target #4 = $75.00+ (long-term view...)
NASDAQ:LYFTLong
by NicksAnalysis
1
Humana | HUM | Long at $220.00Humana NYSE:HUM took a nosedive to "crash" levels (based on my selected simple moving averages (SMA)) this morning after a lower-performance rating for a widely used Medicare insurance plan is expected to hurt enrollments for 2025 (and will potentially hit the health insurer's revenue and bonus payments in 2026). However, I view this massive drop as an opportunity for an initial long entry for a great value stock. The company is strong, highly rated among patients, and solid fundamentals despite the anticipated earnings drop. From a technical analysis perspective, it touched my "crash" SMA, but may dip further after a dead cat bounce to the $190s in the coming days or weeks. But, predicting true bottom is a fool's game, so at $220.00, NYSE:HUM is in a personal buy zone for an initial long entry. Target #1 = $250.00 Target #2 = $275.00 Target #3 = $314.00 Target #4 = $340.00
NYSE:HUMLong
by NicksAnalysis
UPWK pullback to 14.50MODs have suggested that I provide more detail about the picks I make. Sorry. I'm not as verbose as y'all, and I don't like things to be complicated. My trading plan is very simple. I buy or sell at top & bottom of parallel channels. I confirm when price hits Fibonacci levels. Bonus if a TTM Squeeze in in play. I hold until target is reached or end of year, when I can book a loss. So... Here's why I'm picking this symbol to do the thing. Price at top of channels (period 100 52 39 & 26) Stochastic Momentum Index (SMI) at overbought level VBSM spiked positive Price at Fibonacci level In at $17 Target is $14.50 or channel bottom Stop loss is $18
NASDAQ:UPWKShort
by chancethepug
AMZN Today Nov. 7, 2024Price Action & Trend: Amazon is following an ascending channel pattern with a series of higher highs and higher lows, suggesting a strong uptrend. The price is near the top of the channel, indicating potential resistance. If it breaks above this channel on high volume, it may continue the bullish momentum. Otherwise, it could face selling pressure and move back down toward the lower trendline. Key Levels: Resistance: Around $208. This level is just under the top of the channel, so it may act as a strong resistance zone. A breakout above $208 with solid volume could indicate further upside potential. Support: Around $200 - This is the first support level within the channel and a potential area where buyers might step in on a pullback. Lower Support Zone: Around $197 and $194 - These levels serve as additional support in case of a deeper pullback. Volume & Momentum: Volume seems to increase on upward moves, supporting the bullish trend. However, it’s crucial to monitor for potential volume decline if AMZN tests the resistance. MACD shows potential overbought conditions, indicating a chance for a pullback or consolidation. Watch for a bearish divergence if momentum weakens near the channel top. Potential Scenarios: Bullish: If Amazon breaks above $208 with significant volume, it may continue to rise. Intraday traders could consider entering on a confirmed breakout, targeting further upside within the channel's extension. Bearish: If AMZN is rejected at the $208 resistance, it could drop to the $200 level or lower support zones, presenting potential shorting opportunities on rejections at resistance or a breakdown below $200. Disclaimer This analysis is for informational purposes only and is not financial advice. Always do your own research or consult a financial professional before making trading decisions. Trading involves risks, and past performance is not indicative of future results.
NASDAQ:AMZN
by BullBear-Insights