SMPL ..Notable insider buying and a beat on earnings. Entry $18.31 Stop $16.49 Take profit around 21.99 but I think its a good long term hold too. The fundamentals look pretty good . Good price per book Bad P/E but it is a growth company Analyst rating is buy 5 year eps forecast is + 30.25% Very little retail ownership , Mostly institute owned (92.1 %) HUGE recent inside buying , multiple transactions though the month of april . Longby NAK1987Published 4
SMPL long - Goldman Sachs upgrades to Buy w/ convictionSMPL looks great on paper. P/E is over 70, market cap is over 2B. Beat earnings estimates 3/4 quarters in 2019, and also 1st quarter 2020. Goldman Sachs just issued an upgrade, from Buy - to Buy with Conviction. Technical analysis, this is hitting a long term Fib level of 50% for the 3rd time, possible triple bottom formation. Very strong support at this level. Stop loss under $21.00 ( -10% ), Target will be just under $30.00 ( +30% ) for a long term trade, and $25.00 ( +10% ) for a shorter term trade, where the price may consolidate and form a base. Daily Chart w/ Fib levels: Longby ShwayzePublished 7
Simply bullish on SMPL!Already in this one long, but breakout above 27.30ish to look for 30.Longby bender77Published 7
SMPL Healthy Consolidation ready for new All Time HighsSMPL has very healthy consolidation over the past two weeks after breaking to a new all time high, and it looks as if it's primed for another break out this week. 02:22by McGuireTOUpdated 10
SMPL - Flag formation long to $18.93 & HigherSMPL - Possible long here. Stop signal 16.43, First target 18.93. Momentum target. Insider buying.Longby AcornWealthCorpPublished 2