YETI trade ideas
YETI for Chris and BettyLooks like its going to bust through the pennant I drew. You could buy in at 33.40 but theres some resistance at the blue horizontal line. If it brakes that one, it will continue upward.
YETI new charts to view in channels....needs to break through certain levels.... seen...to really go north... in BULLISH way... or will go down again...
YETI - trend is friend - may switch direction possible... YETI - trend is friend. New channels forming... (and following along). Cross forming in candlesticks charting--- as seen near end of day. reverse soon is possible but lets see... how it plays out coming up....
YETI still above its moving averages showing support so far... YETI HOLDINGS INC (NYSE:YETI)
See the MA5 MA12 and MA100 . charts lines. Good to see it is still holding strong... for Bullish trend for now!... but it is going through . consolidating period... but the Golden Cross was reached -- Nov 26 as a bulish move....12 MA crossing over 100 MA. if that continues to hold.... IMO lets see.
YETI -- symmetrical triangles mark important trend -- up / downOver the past weeks / months a pattern is seen ---- These triangles more often mark a continuation of the current trend, with positive news and sales results. But reversals can occur. Regardless of the nature of the pattern, continuation or reversal, the direction of the next major move can only be determined after a valid breakout occurs over time here. This is on a daily chart. You want to see diminihing volume over time as the Bulls and bears wear thin BEFORE a major breakout in either direction.... Do you think we seeing something now?? not certain just yet.. but volume was certainly UP today on the recent news with Sachs givng new BUY rating to YETI this morning. Hmmm.
(Just my opinions. Please use your own judgement and caution when buying or selling Day trading or otherwise.) . :) Thank you.
NOTE : The past 5 earning reports have ALL been POSITIVE. for YETI. It is a "want product" or "Gotta have it" type of product. Sales are strong.
YETI - Terrific moves... CH: Neutral to BUY rating from Sachs.YETI - Terrific moves... New change: From Neutral to BUY rating from Goldman Sachs. Positive news had the stock GAP up and later in the day close the gap. Still moving well between the charts. There may be pullback as it is reaching top of a daily channel...but still room to go up on a larger scale channel. WEEK range upward. All stocks do not go up in a straight line. Stock rise and fall on the way upward if their quarter results are favourable.
YETI: UPCOMING WEEKSSeems like YETI is currently in a corrective Wave 2 within a Wave C. Within the 3 sub-waves that make up this 2nd Wave, YETI is currently in Wave B. I'm expecting a potential sharp downwards movement and then a move upwards towards a new recent high before going back down longer term. My time target for the end of the 2nd wave is currently at 1.0 times the time it took for wave 1 to complete. But we could definitely see the 2nd wave move beyond this time prediction and go to 1.618 times the time it took for wave 1 to complete.
YETI A fair bit of action as of late - with sideways movement..YETI A fair bit of HARD fall action as of late - with sideways correction movements ..from TRUMPS CHINA news.... but it still follows in between certain pattern flows. Seen up close here on the 15 minute charts and larger 1 DAY Charts.
A bit of regrouping is always bound to happen. BUY and SELL and BUY back in--- as needed. It may stall moving upwards temporarily.... If it still creates higher lows on the "DAILY charts"...then the movement will continue upwards for the time being.
Is Shorting Dead? Maybe This Stock Will Show It's NotYeti just finished its C up, its time for the retracement.
We are looking for a 1:1 retracement that means 21.69 is the target.
Elliot wave WEEK CHARTING visible....!!! 5 up 3 down.Elliot wave WEEK CHARTING visible....!!! 5 up 3 down. It is a pattern that is seen for the past weeks ---- Interesting if it will play out! ----- It may follow it (on a WEEKLY basis chart, not daily up and down).
some pullback happening as predicted....Note that it broke above the original DOWNWARD line path --- but came back down into the NEW channel. TREND is Friend. If you know what to watch for...:)
YETI - crossing over which is a nice sign...watch for a bit of pullback...but will continue to rise overall as a NEW trend started. BULLISH
YETI 1D LONGHello everybody. All indicators looks like we are close to support level. also you can see a line that i draw was a resistance before for a while then that resistance was broken on 02-14-2019 so now that line became a support and new support was retested many times. Looks like we have a strong support
we should hit that support line i think around $28 plus its also a 0.38 Fibonacci retresment level or very close to it and its close to 200MA. " my opinion buy at $28 sell at $35"
WILL C.
Here is a clean pattern showing - short term
The truer a line holds on a timeline, the more confident you can feel a stock continuing on that same path, or if it breaks the line below it then a new possible direction may be on the horizon for the mid to short term. Keep things simple. (but..knowledge is power. The more you know or learn about stocks, charting, patterns, indicators, timing and psychology of the trader, the more it can help confirm or reject your homework on any given stock. Nothing is 100% accurate but it can be fun in the process.). Thank you.
YETI: CLOCKWORKAs predicted, YETI is in a corrective Wave C. Expecting a retrace here to 31.72 before heading down to low 30, high 29. Afterwards another retrace and then sub 30 levels.
YETI TVIX TRADESorry the chart is a little messy. But as YETI goes down I'm expecting TVIX here to rise. Long TVIX, short YETI.
