Price Action RulesI believe the price will head to the diagonal trend line ($291 area) before reversing trend and then will head down to the $150 area which will be the Fib .618 area.
Key facts today
HRH | Long | Undervalued Potential Despite High PE | April 2025
1️⃣ Insight Summary:
HRH, a hardware-focused company, seems to be holding up well despite tariff impacts. With its current book value sitting under $24, there's an interesting upside potential ahead — especially with a technical and valuation mix that's catching attention.
2️⃣ Trade Parameters:
Bi
BUY RH stock - Oversold / On sale for 40% !RH is oversold following the "Liberation Day" on Trump tariffs, raised investors uncertainty on whether the company will be able or not to handle the tariff rises as it's in the textile industrie.
A higher tariffs could definitly affect the business but as Trump's vision to boost the industrial sid
Restoration Hardware, Boom or Bust?Restoration hardware is taking a massive hit amongst the trump tariffs. This stock is heading towards the 2020 covid pandemic lows which could be an amazing long trade opportunity.
Will be setting alerts for the lows on this stock and wait for more data.
RH Stock at Critical Support: Rebound or Further Breakdown?
RH has experienced a sharp sell-off, breaking down from its recent highs.
The price is currently testing the lower trendline of the long-term rising channel.
Bull Case
Support at $281 - $289 Holding:
The price is currently sitting at the lower boundary of the ascending channel.
If buy
RH: Backtest demand supply the last time before a long journeyRH: Backtest demand supply the last time before a long journey
-Phase E on Wyckoff Analysis.
-Demand confirmed with Engulfing candle together with volume, and backtest with less supply.
.
See more plans on US STOCKS- WALL STREET DREAM
RH chart looks good hereThe chart is showing a constructive technical setup with several key indicators pointing to potential movement:
Support and Resistance:
The stock is holding above a key support level, suggesting strong demand in the current price range.
Resistance is visible at a higher level, which has historical
RH Options Ahead of EarningsIf you haven`t bought the dip on RH:
Now analyzing the options chain and the chart patterns of RH prior to the earnings report this week,
I would consider purchasing the 365usd strike price Puts with
an expiration date of 2024-12-20,
for a premium of approximately $16.30.
If these options prove to
Watchlist - Nov 10, 2024This is my weekend watchlist selected from the passive screener, primarily for monitoring potential setups. I didn't find many proper opportunities this time— few setups and most were lower quality, so mainly for observation. Most proper movers are already on the run.
List: PLCE, KYTX, DNA, NPWR,
RH Options Ahead of EarningsIf you haven`t sold the top on RH, for that fantastic 12.75X gain in the options chain:
nor bought the dip here:
Then analyzing the options chain and the chart patterns of RH prior to the earnings report this week,
I would consider purchasing the 310usd strike price in the money Puts with
an expi
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.