1IRBT trade ideas
IRBT - Cup & HandleCup & Handle is a "continuation" pattern of a prior trend, which in this case, was "up".
The cup that formed represented a healthy 38% fib retracement of the up swing AB. However the handle is somewhat "deeper" than ideal. Nevertheless, the time appears ripe to bet on the continuation of it's uptrend with a potential C&H target @ 110.
Caveat: Earnings coming up on 20th Oct, could be risky to hold through it!
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
$IRBT - call optionblew earnings out of the water to the tune of 620%
Stock dumped (people got their money and got out)
MACD heading in the right direction
ATR is beautiful
Stoch is coming around.
Picked up an call option on this one
I think my 50% goal on this one should be ok unless the market psychology gets a hold of buyers
$IRBT can rise in the next daysContextual immersion trading strategy idea.
iRobot Corporation designs, builds, and sells robots for the consumer market in the United States, Europe, the Middle East, Africa, and internationally.
The share price fell after bad earnings. But then the price continues rising.
The demand for shares of the company looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position again from $62,13;
stop-loss — $59,35.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$IRBT can rise in the next daysContextual immersion trading strategy idea.
iRobot Corporation designs, builds, and sells robots for the consumer market in the United States, Europe, the Middle East, Africa, and internationally.
The share price fell after bad earnings. But then the price continue rising.
The demand for shares of the company looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $60,63;
stop-loss — $59,63.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
DowntrendWe are currently sitting on a strong support area. But also we are sitting on a strong bull trap in overall stock market, so my feeling is that we will see more downtrend and within the next weeks / months we will hit under 30 USD mark for IRBT. Boxed area is what I am looking for to start filling my positions. In "worst" case we can even break the downtrend support.
Risky idea but nice profit BUY IRBT @ 49 -52Caution! High volatility stock (5-7% volatility daily).
Buy IRBT at the levels of $49-$52 (Avg price of $50,5).
Take @ $60 ((+18,8%)
Stop @ $46,6 (-7,7%)
The price is at it's 52w lows. Very cheap to buy
If the price slumps below 47, it is better to fix a loss due to high volatility of the stock.