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 DREAMLongby usstockswallstreetdream1
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 historically acted as a ceiling for price action. Trend: The stock is trending upwards, forming a series of higher highs and higher lows, indicating sustained bullish momentum. Moving averages are aligned positively, with shorter-term averages trending above longer-term ones, reinforcing the bullish outlook. Volume: Recent sessions show increased trading volume on up days, signaling accumulation by market participants. Indicators: RSI (Relative Strength Index) remains within a neutral to bullish range, indicating there’s still room for the stock to move higher without being overbought. MACD reflects positive momentum, with a bullish crossover further confirming upward strength. Breakout Potential: A close above resistance could signal a breakout, opening the door for further upside. However, a sustained move below support might warrant caution.Longby RNR80S112
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 be profitable prior to the earnings release, I would sell at least half of them. Shortby TopgOptions111
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, TTGT, OUST, ALGS, SNAP, EYE, APLS, LSCC, DHI, IBTA19:27by Trader-Shah112
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 expiration date of 2024-3-28, for a premium of approximately $21.85. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Shortby TopgOptionsUpdated 111
RH appears ready to rise from its base LONGRestoration Hardware on the weekly chart rose from COVID and then retraced for almost two years. It appears now ready to experience some investor and trader interest once again. It is rising from the POC line of its long term volume profile. The trend strength indicator just inflected and curled upward. I like to catch trends early to get as much of a move as possible and before the chasing begins. This is a possible megacap short squeeze set up. Targets are 380 and 480 as horizontal levels of importance. Longby AwesomeAvani1
RH Stock Surges 15.75% Despite Weak Q4 Earnings Report Luxury furniture retailer RH (NYSE: NYSE:RH ) faced headwinds in its Q4 CY2023 earnings report, missing analyst estimates with a 4.4% year-on-year decline in revenue to $738.3 million. Despite this setback, the company remains optimistic about its growth trajectory, projecting a 9.0% year-on-year revenue increase for the full year, exceeding market expectations. Mixed Performance Metrics RH's Q4 earnings revealed a mixed bag of performance metrics. While revenue fell short of analyst estimates by 5.1%, the company's non-GAAP profit per share plummeted by 57.9% compared to the same quarter last year, dropping to $0.72 from $1.71. The gross margin also experienced a decline, slipping to 43.5% from 47.8% in the previous year's quarter. Optimistic Outlook Despite the disappointing Q4 results, RH's management remains bullish about the company's future prospects. They anticipate an acceleration in demand trends throughout fiscal 2024, signaling confidence in their ability to navigate challenges in the retail landscape. Strategic Considerations NYSE:RH , formerly known as Restoration Hardware, operates as a specialty retailer focusing on high-end furniture and home decor. As the retail landscape evolves, furniture retailers like RH must adapt to changing consumer behaviors and preferences. The company's emphasis on aesthetics, style, and charm positions it well to capitalize on evolving consumer trends. Sales Growth and Same-Store Sales RH's sales growth trajectory has been modest, with an annualized revenue growth rate of 3.4% over the last four years. However, same-store sales have experienced a concerning decline, averaging a 10% year-on-year decrease over the past eight quarters. This decline underscores the need for RH to reassess its strategy and allocation of capital. Investor Sentiment and Stock Performance Following the earnings report, RH's stock experienced a 15.75% increase, reaching $345.08 per share. While the results fell short of expectations, the positive market reaction suggests investor confidence in the company's long-term outlook. With a bullish Relative Strength Index (RSI) of 71.Longby DEXWireNews3
Cash is King ... not at RH (Bed Bath and Beyond Season II) Restoration Hardware, with its market capitalization of $4.5 billion, has indeed made a mark in the world of interior design. Its commitment to a minimalist and stark color palette resonates well, especially with newly minted bachelors seeking sophisticated aesthetics. The departure of the largest cheerleader presents an opportunity for fresh perspectives and growth. raring2go.substack.com In the luxury hospitality and design industry, maintaining a strong financial foundation is essential to support the ambitious vision Restoration Hardware has outlined. The company's ability to effectively manage its leverage while pursuing its growth strategies will be closely watched by both investors and industry observers.by TwoBULLISH335
Descending TriangleTop line slopes down, bottom line is virtually flat. Fell on earnings. Price has pierced bottom line. No recommendation.by lauralea883
RH Options Ahead of Earnings If you haven`t bought RH here: Then analyzing the options chain and the chart patterns of RH prior to the earnings report this week, I would consider purchasing the 320usd strike price Puts with an expiration date of 2023-9-15, for a premium of approximately $0.98. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it. Shortby TopgOptionsUpdated 446
$RH - drops 16% after ER!NYSE:RH drops 16% on earnings report. It could drop further to the $297 area, which is the 0.618 Fibonacci retracement level and the 200-day moving average (DMA). If it does not stabilize there, it could see $268.by PaperBozz3
cup & handleABCD with target as D, This pattern will likely reverse at D ...D is a gr8 support level but can also be for additional support zones. This is also a cup. IT also has a rectangle inside the cup which makes shap2 not so rounded. GOOD LUCK!by lauralea553
Buy RHBuying the short term bullish of RH 1. As SP500 rising in short term, we take with bullish force to attempt this trade 2. Buying at demand zone, with SL righ below previous swing low 3. It is confluence with trend line at the same time 4. TP at resistance line at swing high Happy trading!Longby joseph_tanUpdated 222
potential breakout in RH?over 200 day for the first time in a hot minute; still within this wedge, just publishing to not forget my ideas -- i would think it'd break down from here since it's still in a downtrend, but you never know....by adpettitUpdated 113
RH Options Ahead Of EarningsIf you haven`t sold RH here: Then you should know that looking at the RH options chain ahead of earnings , I would buy the $245 strike price Calls with 2023-4-21 expiration date for about $15.10 premium. If the options turn out to be profitable Before the earnings release, I would sell at least 50%. Looking forward to read your opinion about it. Longby TopgOptionsUpdated 555
RH doji candleAfter a big green bar on $RH we see the pullback but then buying pressure to bring it back up. Since this happened at the lows, I am looking at this with the perspective of a reversal trader. It is in a demand zone right now and I would like to see the break of $247 for a price target of $257 and then it could go into the $260s and $270s depending on the markets. RH could be in the $350 - $400 range IMO fundamentally.Longby nah0662
RH trong bullish push to expect Hi viewers, RH technically watched here expecting strong bullish push in next periods TP1:340 TP2:350 TP3:358Longby DepaTrading1
$RH with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $RH after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 66.67%. Longby EPSMomentum111
RH Options Ahead Of EarningsLooking at the RH options chain ahead of earnings , i would buy the $262.5 strike price Calls with 2022-12-16 expiration date for about $7.20 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it. Shortby TopgOptionsUpdated 225
RH - short on 50 EMARH chart experienced a response to positive news, but it is still fundamentally bearish just like most of the stocks. I am shorting from 50 EMA as it just works.Shortby OrcChieftain2
RH will collapse like the towers on 9/11No way RH has been able to whether the recession we're in. Lets see this mf tank.Shortby AdamUpdated 772
Restoration Hardware (NYSE: $RH) In The Golden Pocket! ✔️RH, together with its subsidiaries, operates as a retailer in the home furnishings. It offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, and child and teen furnishings. The company provides its products through its retail galleries; and Source Books, a series of catalogs, as well as online through rh.com, rhbabyandchild.com, rhteen.com, and rhmodern.com, as well as waterworks.com. As of January 29, 2022, it operated a total of 67 RH Galleries and 38 RH outlet stores in 30 states in the District of Columbia and Canada, as well as 14 Waterworks showrooms throughout the United States and the United Kingdom. The company was formerly known as Restoration Hardware Holdings, Inc. and changed its name to RH in January 2017. RH was incorporated in 2011 and is headquartered in Corte Madera, California.Longby Bullishcharts229
$RH Trading it 3/31 below 332 320-324 possible intraday idea only valid if market red/negative 2morrow #optionstrading #options #daytrading #tradeideas #stockmarketShortby takinprofitss0