Weekly Demand on ANGIANGI hitting it's 52 week lows
exhausted selling into weekly demand
leaving gaps behind
looking for 13.42 to be reclaimed and show support for a shot at 17
stops below the low of the weekly supply
ANGI trade ideas
ANGI HomeServices - LONGUptrend. Moving Average crossover. Positive earnings. Using the 20 EMA as a stop.
Risk: resistance @ the 100 and 200
Keeping a close eye on the SPY for ANY SORT of weakness here esp. with the 200 overhead -a particular hot spot.
Super small share size until the 200 is resolved. Break above and hold = add more shares.
Actively long 0.2% capital
ANGI HOMESERVICES INC. (NASDAQ:ANGI) - D1* Looking bullish on D1.
* Conditions are ready for the target spot technically.
Reports First Positive Earnings QuarterFunds all over this, volume barely declined relative to breakout day, and bands are full and solid green. About to breech psychological milestone at $20.00, which it will, giving you a bit of a buffer. You can hold this or scalp, sell, then wait for the pullback to get back in for a long term hold. I see it triangling with an upward trend for the foreseeable future
If you see a big ask at $20.00, and it starts getting taken, buy. Look for people buying a lot on the ask in the morning. Set 10% stop and scale
ANGI: Lower Time Frame Correction Breakout I'm going long at the open, it should reach $17.50 easily, great trade setup.
ANGI - Insider TradingLuxor Capital Group (10 % owner) purchased $6.6 million worth of stocks in ANGI
DayMidPoint - Plot the moving average of Daily Price MidpointPlot the Moving Average of the Daily Price Mid Point for shot periods of time. Great to give an idea if the daily price trend is below the daily curve or above the daily curve to give early indication of price momentum.
ANGI breakoutIntegrating an aquisition so it looks like a new company. Good volume on breakouts, consolidating at highs of a 6 month consolidation. Can probably trail with 20 or 50 day MA.
ANGI Bullish Swing Right now ANGI is in a channel ranging from 5.22 - 6.00 I think it is going to bullishly break out. RSI MACD and Price Oscillator are all uptrending even though it is in a channel. Potential confirmation is a breakout and divergence from the 35 day MA. I have a stop loss set at 5.19.
coming out of cloud above 50 ma above 8emawait for move above cloud-stoc crossed-rsi good-obv and money flow growing-cci and percent rbrising-macd about to cross-stop loss close in cloud-mix longs with shorts
$ANGI present a nice setup opportunityAlthough the technical rating is bad, ANGI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 8.23, a stop order could be placed below this zone.
Call Buying in ANGI Sets Up Well for a LongEarly in today's session a trader bought 4,630 ANGI Feb 20-22.5 call spreads for $0.40. This is a bullish trade that represents volume nearly 3 times the average daily option volume in ANGI. The stock is also trading above the Ichimoku Cloud indicating it is in bullish territory. We believe that this order flow is strong enough to justify a long in ANGI.
ALGOALGO. On Angie's List, Inc. I am getting the chart into the stream so we can discuss later. Sincerely, Beauty
escape velocity has yet to be reachedrandomness is both your friend and foe - master and control your inner urge
Angie's List1. Really symmetrical mini reversal pattern in the green box w/mini break.
2. Double exhaustion spikes on the fisher.
3. Divergence on the trix.
4. And a gap to fill.
Happy Holidays !
Angie's Short ListAngie's List, Inc. (ANGI) has not added any value to its user experience since going public and it boasts a market cap of $670 million. Angie's Gross margins might look fantastic at 80%-plus, but with no explanation as to what really constitutes cost of sales. Angie's List has not posted a profit since founded in 1995 and last year lost $49 million. A recent law suit filled alleges breach of contract, deception and unjust enrichment. It seeks an unspecified award of three-times the financial damages incurred under a count alleging deception for allegedly mis-applying credit and debit cards to collect the unauthorized bundled membership fees. I do not think this is a very good business model and that fee based membership for this type of business will be very tough to ever make profitable.
Google Trends comparison shows that ANGI is also losing major ground to YELP between 2010 and 2012.
seekingalpha.com
Stock pattern loose flag or pennant shaping out.
Flag
thepatternsite.com
Pennant
thepatternsite.com
