4MGN trade ideas
MTCH - Sharp ReversalsMTCH has undergone rather bearish action, but not all is lost
This allows for a recovery at the dominant green trend line
Similar structural patterns (A,B,C) can be seen between this current downward move (c) and a prior move
The prior resulted in a bullish result, this will also
Match Group (NASDAQ: $MTCH): Love The Dating Brand's Setup! 🏹 Match Group, Inc. provides dating products worldwide. The company's portfolio of brands includes Tinder, Match, Meetic, OkCupid, Hinge, Pairs, PlentyOfFish, and OurTime, as well as a various other brands. The company was incorporated in 1986 and is based in Dallas, Texas.
Match Group USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Bearish on MTCHI'm moderately convinced that you could short most anything in the market which has a high P/E and you won't lose money and MTCH is no exception. With a P/E of 43 and Fibs showing us that MTCH could drop to $89 in the coming weeks, PUTs and call selling should pay out nicely for those holding positions. I don't normally play earnings reports, but I threw in some $ for PUTS with mid February exp.
Not Financial Advice
MTCH: INVERTED HEAD AND SHOULDERS PLAYMTCH has been in a very well defined range since November 2020. Support and resistance are clear.
Are we finally going to break above this range? We had several breakout in the past but the price always came back very quickly in the range.
One could initiate a long position if we break, with a stop below the line.
I see an inverted head and shoulders on the chart. The target move is on the chart.
Trade safe!
Match Group USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Green on Match INC. MTCHShallow retrace on an ?impulse. We might be gearing up for another impulse upwards sooner or later.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
[Pre-market Analysis] September 24thThe market rally continued when the Fed’s announcement on results of interest rate discussion was as expected. Thus all of the three major indexes closed over 1% higher, with leading tech stocks climbing. The Congress and the White House reached an agreement on the source of spending bill, which also stabilized the market to a certain degree. Currently, the rising momentum of indexes is driven by three sectors: the financial stocks benefiting from the rising Treasury yield, the energy stocks boosted by surging seasonal demands, and consumer discretionary sector related to economic recovery. If the trend continues in the short term, the above three sectors will still be in the spotlight of the market.
Trading strategies 2021\9\23September FOMC did not surpirse us. Even if the Fed showed a hawkish attitude rarely seen since the outbreak, it failed to intimidate the stock marketplace.
Although the details and speed of each narrative development are different, the cycle is never absent. It is known that taper will happen in the future, followed by increasing interest rates; the stock market can not avoid a correction. Historical experience shows that in the next stage, the index will fluctuate or fall by 15 to 20 percentage points. High-cap, high-quality stocks significantly outperformed small-cap stocks in the last several months as a support for the broader market, which enhances our view that there won't be overall opportunities in the stock market. Still, structural chances are in the coming stage. Therefore, investment tends to become more complicated and more dependent on the screening of individual stocks.
Of course, the above situation may not happen. What if massive economies like the United States and China start substantial fiscal stimulus again to maintain various economic indicators?
In addition to the stocks recommended in the "October Bullish Stocks", such as $UBER and $FCEL, which have risen more than 10%, we also recommend $CCL and $V.
MATCH THAT MONEYToday I will be analyzing Match Group. For everyone who doesn’t know this company, they are creating and managing many dating platforms one of their well-known is Tinder. Cash flow comes from subscriptions (like Tinder Plus) and other services.
Buy Signal
-support at 129.46$ (3 times)
-daily RSI oversold area
-daily MACD indicates slowing selling pressure
-current price is below analyst estimates ->>> TipRanks: „The average price target is 175$ with a high estimate of 190$ and a low estimate of 148$.
-Bumble (same industry) reported a good quarter a few days ago-> positive momentum
Sell Signal
-under the SMAs
-RSI/MACD weekly+monthly indicate a downtrend!!
-misled earnings by -15%
-potentially Delta-Virus results in new lockdowns
Conclusion
I think this is a great company with a nice discount, in addition, the Wall Street/analysts like the stock too if we look at what %-rates the stock recovered from the March Lows that makes total sense.
So, I would be willing to buy at the support of 129.46$ (109,90€) with a tight stop loss of 122.18$ (108.82€) and a price target of 145$ (123.06€) which would be a +11.79% return. This number is approximately the mid of the parallel channel but at the same time I took it because of the past reaction contacted support line where it every time bounced 11.79% up in just 3-4 days which indicates the importance of this line.
Get your match on profitsToday I will be analysing Match Group. For everyone who doesn’t know this company they are creating and managing many dating platforms one of their well-known is Tinder. Cashflow comes from subscriptions (like Tinder Plus) and other services.
Buy Signal
-support at 129.46$ (3 times)
-daily RSI oversold area
-daily MACD indicates slowing selling pressure
-current price is below analyst estimates ->>> TipRanks: „The average price target is 175$ with a high estimate of 190$ and a low estimate of 148$.
-Bumble (same industry) reported good quarter few days ago-> positive momentum
Sell Signal
-under the SMAs
-RSI/MACD weekly+monthly indicate downtrend!!
-misled earnings by -15%
-potentially Delta-Virus result in new lockdowns
Conclusion
I think this is a great company with a nice discount, in addition, the Wall Street/analysts like the stock too if we look at what %-rates the stock recovered from the March Lows that makes total sense.
So, I would be willing to buy at the support of 129.46$ (109,90€) with a tight stop loss of 122.18$ (108.82€) and a price target of 145$ (123.06€) which would be a +11.79% return. This number is approximately the mid of the parallel channel but at the same time I took it because of the past reaction contacted support line where it every time bounced 11.79% up in just 3-4 days which indicates the importance of this line.