FIZZ next move is brewingHello traders,
FIZZ price is trading in symmetrical triangle pattern which is neutral pattern. Therefore we need to wait for confirmation of the next move. If price breaks out to up side target is around 74$ which would be an 52% profit. Another scenario is price breaking down with price target 30$ which is 33% move to the down side.
Enter the trade at the successful breakout and trade accordingly.
Keep an eye on this one and good luck.
0K50 trade ideas
FIZZ | Things Are About To FizzNational Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada. The company offers beverages to the active and health-conscious consumers, including sparkling waters, energy drinks, and juices under the LaCroix, LaCroix Curate, LaCroix NiCola, Clear Fruit, Rip It, Everfresh, Everfresh Premier Varietals, and Mr. Pure brands. It also offers carbonated soft drinks under the Shasta and Faygo brands. The company serves retailers, as well as various smaller up-and-down-the-street accounts through the take-home, convenience, and food-service distribution channels. National Beverage Corp. was incorporated in 1985 and is based in Fort Lauderdale, Florida.
FIZZ cup and handle formationFIZZ forming a cup and handle on the 4HR Chart, Trendsi indicators verifying bullish momentum. We got a green EMA line along with money momentum (white line) breaking through the EMA. It just recently gave a buy signal with a healthy retrace. Keeping eyes on FIZZ on my watchlist for this morning.
Dark Pool Buy Zones in Bottom FormationsIt may be difficult to be optimistic about the future at this time, but it's the BEST time to be on the lookout for Dark Pool Buy Zones in bottom formations.
When it's all doom and gloom is when the largest buy-side institutions are accumulating bargain-priced stocks, acquiring their huge lots of shares as the last of the small-lot sellers capitulate.
Therefore, divergences are important to think about for identifying where the Dark Pools are accumulating. For example, FIZZ was still moving down when the Accumulation/Distribution indicator started rising. This is a very likely Dark Pool buy zone.
Entry requires confirmation that the bottom is likely to complete soon, but this early divergence pattern gives both traders and investors lead time on a good entry at some point down the road.
I'm teaching more about how to identify Dark Pool Buy Zones TODAY at the MetaStock Traders Conference. It's a FREE event with many other trainers. I'll be on at 3 pm ET. Hope to see you there!
FIzzI posted about a short here howver as of now I’m retracting my idea. It has maintained above this rising wedge support. As longs it
Holds above 54$ it seem we could see 58-63$ targets way sooner then expected. Control support above 56$ should be a clean breakout. Lose 53.90s you have strong support in the 50s
Fizz I called out this idea way back as we were in a huge fallingnwedge. I talked about $43 being a great place to start going long and it worked out perfectly unfortunately I didn’t make the play however I started looking back at it recently. What I see is a breakout of a pretty large pattern they could bring us up to A target of $62. As of right now we created a rising wedge and we are holding support above this rising wedge resistance line. However we do have some Berriste divergence on the four hour timeframe which could be a bear sign. This is also very critical resistance so to see a pullback here wouldn’t be out of the question and I probably would expect a rejection personally. Could be a great shorting opportunity
$FIZZ - Long Idea - Bullish break post earnings
- Flat top triangle pattern
- Above all major moving averages
- Targeting the green zone first
- A close below the 200 day moving average or $47.30 would negate the trade
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
FizzUpdate to my idea I posted of longing at the lower support. So far we popped back to this 47$ range. This is pretty heavy resiatnce. Although I opened calls down at the bottom there I closed half of them today as we got some momentum. The other half I will hold until breakeven stopped out as we could be on the edge of a big move if this was to breakout. Watch for new support held above 47$ Upper pattern resiatnce 47.89 def watch these resistance levels if u entered with me
FIZZ pop?Something's up with this one and I'm suspecting it's about to start a legit uptrend. It's pulling back to test MAs from above, plus the rounded bottom is helpful.
Intuitively, last week in meditation I got the word, "suds". I looked for a ticker and found none.
That night my husband insisted on putting on a show about bubbles (that he had already watched before). I didn't tell him about the word suds I had received until after he put it on.
But, it didn't end there because when I let my pendulum pick a stock out of huge list, what did it pick?? FIZZ. Then, I got the lightbulb moment and checked into it.
I had today as a day to buy it and my dowsing is suggesting an uptrend and I get 42+/- days for this trend. This is a longer window and I'm not practiced much on these, so we'll just have to see. I'll post a target when I get one, otherwise I think it's just time-based.
$FIZZ 4hr HBD flipping previous channel resistance into support.$FIZZ 4hr HBD flipping previous channel resistance into support. Previous trade got stop hunted but then blew through the moon. Woops. This has high potential. Could eventually develop HBD on daily too if this 4hr HBD plays out. Needs to hold the top of the previous channel. Decently easy risk managment.