AOUT trade ideas
American Outdoor going for a walk. AOUT.Bearish outlook for gains at 17.79, then 15.95.
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 purple 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!
Sell Rallies in AOUTThis stock has come to me twice in the past couple weeks. I ignored it the first time, but got it last night out of a huge list of tickers. And, wouldn't you know, it has earnings tonight!
I'm dowsing, btw for these picks.
The "big idea" for this one is that it's going to breakdown. It already is a bearish daily chart, but the trend is your friend, right? I expect tomorrow to be down, however, it is likely to bounce and you want to sell into the bounce as I understand it. I think it may go down into the date of the 15th, or there may be a downgrade? Either way, definitely negative energy in this name and I'm targeting around $21.
Buying and Selling in a Channel UP by using MACD and SMA+VBCA Channel UP is a great op to earn some money
The best way to take advantage of these swinging changes is by using MACD and SMA+VBC
See as you can buy at the 1s crossing lines, and selling at 2s crossing lines.
These shares will be going up next days, the question is till when?