WATT Annual CES price decline of $4-$5 each of last 3 yearsWATT Annual CES price decline of $4-$5 each of last 3 years
WATT trade ideas
WATT long up to $13.70 and $14WATT
Looking for WATT to gap up at market start and hit two resistances at $13.70 and $14
Possible swing on WATTI like this one if it goes in a positive direction. Huge potential. I would move my stop up once it starts going positive. According to my risk formula, I would purchase 26 shares to cap my risk at $20.
WATT tests 16.14 resis. as support, having blown thru 16 on newsWATT is sitting right above 16.14 resis. level now, having blown thru 16 & 17 levels from 15.5s (gapping up) on news of DLG $15 million additional investment. It tested high 15s today (but still hasn't filled the gap to 15.5) and looks like it's trying to establish 16.14 resistance level as support now. Based on previous action and a heavy short position, I'd guess we'll def test the 15s again before establishing 16 as support, but long awaited news expected any day now (til Aug. 8 ER or Nov 2017 at the latest - unless AAPL further delays release of their new iphone/products beyond that) could send this stock back to 20+ (or down to 12) fast so TA can only help so much. In the meantime, a close below 16 resistance suggests we'll test at least 15.5 (maybe even uptrend line intersection at 15.30s) before moving up. A close above 16.14 suggests (barring any unfavorable news/market panic) 16 will hold as new support. Sell puts to reduce cost/risk. Beginner TA, thoughts welcome:)
WATT blows thru 16 & 17 resistance on $15 million investment! WATT blew thru 16 & 17 level resistance and now sits on top of 17 level this morning due to an announcement that Dialog Semiconductor has invested an additional $15 million in Energous/WATT (on top of prior $10 million investment) - another nail in the short thesis coffin (who argued they would screw shareholders and dilute by mid May of this year...). CEO Steve Rizzone had responded to a question about dilution in his last CC & promised they would do what was best for shareholders & employees, hinting he had partners to turn to before diluting shares. Thanks again to Rizzone for keeping that word. The question remains, Is WATT's Wattup wireless charging technology going to be in Apple's new product line this Fall? Signs increasingly point to yes, but I'm holding strong regardless. Still, there's a big short position here so I recommend selling puts to enter (or simply to pocket free cash) since they will likely try to bring the price back down by any means before FCC approval is announced & the Great Squeeze begins lol.
As for the TA, off of which resistance will we get that bounce back and what will be the new support level after this $15 million investment news? I'm guessing we'll hold over 17 during the day and maybe close just below that or basically within the upper longer trend line (which we've tested today)...beginner TA charting, thoughts welcome!
WATT: Support ChannelMy overall outlook for WATT is long and this scenario gives a good reason for entry. Stocks don't move based on technical as much as it does with fundamentals. But you can definitely use technical setups to find a good entry. Will be looking to buy WATT at 12.40. Short term target is 14. Long term target is 19.
Trade with care.
WATT support, resistance + trend lines (beginner)Guessing it'll hold around here between 15-15.5 til any key news/PR. Won't be surprised if we re-test 14.5 in the near future (given heavy short position) --> safe entry < or = 15. Sell 12.5 &/or 15 strike puts to reduce cost/risk...
WATT Key Support & Resistance Lines (beginner 1st chart attempt)Close above key 15.71 support = bullish, below = next stop 15.46...wedge formation signals break coming one way or another (up if 15.71 holds).
WATT w/ Inverted HnS breakWATT is been forming the inverted HnS pattern for months now and its finally has broken out. The target on this one is over $22..
Speculative WATT entry before CES 2017We are watching for a good entry point on Energous with the expectation that price will jump to the green range by JAN 5, when WATT will demo wireless power rx/tx in consumer products. Successful product shipment is already being priced in as the chart follows the green range into DEC. We will look to add to our position if price falls into lower blue range in DEC.
pennies to thousands long term wireless playproduct of the future
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WATT BULLISH HAMERNot only did it head towards the downside 5 times but now it has higher low. Don't wait till the 8$ to get in it will spike big time.
Both bullish and bearish for the next 2-3 weeksFor the next 16 days:
Bullish $5.70-6.60
Bear 7.29-6.61
