High Tight FlagWe will see how well breakouts work in 2022, but I wouldn't be surprised if this stock is a leader.
Company Fundamentals
EPS Due Date3/4/2022
EPS % Chg (Last Qtr)800%
3 Year EPS Growth Rate0%
EPS Est % Chg (Current Yr)0%
Annual ROE0%
Sales % Chg (Last Qtr)17%
3-Year Sales Growth Rate8%
Debt %0
Market Cap
$625 Mil
Annual Pre -Tax Margin-4.2%
SectorSoftware
Industry GroupComputer Sftwr-Security
Industry Group Rank22
INVE trade ideas
$INVE can rise in the next daysContextual immersion trading strategy idea.
Identiv, Inc. operates as a security technology company that secures data, physical places, and things in the Americas, Europe, the Middle East, and the Asia-Pacific.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $13,37;
stop-loss — $12,09.
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.
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INVE: Ascending triangle, ConfirmedAscending Triangle, confirmed
Currently boucing off the red zone after reversal on Jan 29th gap fill
Pros:
R/R Ratio above 6
Descending Volume
Volume at break out
PPS above 50MA and 200MA
250RSI above 50
Cons:
200MA Flat
RS Flat
If PPS reverses on red zone,
Targets:
PT1 = 5,75
PT2 = 5,90
PT3 = 6,39
PT4 = 6,87
PT5 = 7,56
PT6 = 7,62
No resistance above.
$INVE taking a breather or beginning trend reversal? NASDAQ:INVE
Good evening traders!
I recently stumbled upon $INVE and its been all around appealing to me so far, with technicals and fundamentals.
Today I was looking to add to my positions and at first glance it seems that INVE is at a great place to make another entry.
It appears to be taking a breather before going on yet another healthy rally to continue its consistent uptrend so far.
However, looking at some more long term Support & Resistance points ( when in doubt, zoom out! ) it seems that the ~$5.5 price level has historically been a difficult price to successfully break through
At this point, I'm approaching this stock with more patience, as it plays out and shows signs of either reversal to a downtrend or confirms continuation of the current uptrends.
breaking below $5 will be a point to look out for-
Continuing to drop down to the ~$4.50 @fib levels, and I'll consider this more likely a reversal to downtrend.
For investors this wouldnt be a worry, as this seems to be a strong company so far with promising opportunities in the long term
As an active trader its been fun to mark the stable uptrend and ride the gains with it.
With my holdings bias, I'm hoping we drop to a stable level of ~$5 or slightly below it, only to rally back up and shoot for a target price of $7.25
Happy Trading!
#INVE #long #stockINVE on the daily chart looks good. All the indicators are supportive. Price action has broken a downtrend forming a descending triangle. The brake out looks like a rising wedge. A break above the wedge could be a sign of a larger change in price direction. I have set a stop at the price both trend lines intersect. My minimum target is the most recent price peak. overall RRR is around 1.25.
Weekly
Not the best price action, but look at the indicators. stoch RSI has shot up. OBV picking up. Macd curling up.
Monthly
The monthly looks like shit. Lets ignore this for now.