testing support levelBOX at multi-year support level, could enter price discovery if it bounces successfully. Also finding support at the 50 day SMA. If support breaks, an average-down at the next support level.
BOX trade ideas
BOX PossibilitiesBOX gapped down big 10% on split earnings. Missed EPS, Beat Sales. Also gapped down out of a big sym triangle. We sold off most of the day but found a lot of support at 23.50. Its also a big daily support as well the 200sma, and past price levels. It looks like it could be a big trap play if it fakes out one way or the other. I would like to see if touch the 23.30 area before taking any trades on it. It could be a good short if we can get under 23.30 and hold it. But if it doesn't and starts looking strong I will also look for a long back up a point.
BOX strangle options strategyBox stock after earnings, Implied Volatility Rank kept 99%.
Sell Oct 19 Strangle options:
put@21
call @30
$1.20 credit profit collected
Market neutral outlook.
Take profit at 50% of credit, and stop loss at 2x of credit.
Box (BOX) stock: not-so-profitable growthBox, Inc. (BOX) shares are trading at $26.05, prior to the earnings today. What should investors be aware of--and what will the market be watching out for in the upcoming earnings?
Box continues to ride on increasing adoption of its cloud content management platform by its existing customers as well as new customers. The company is witnessing a solid growth in its paid customer base which is aiding its top-line growth.
www.finstead.com
BOX marginally higher highs; pull back after that. target 30-33$chart says it all. looks like wave 5 is either complete or may complete with a target of 30-31$, over performance may see as high as $33?
BOX: Very interesting setup here...hmmNear term bullish....should see 28+ in a week time or less. Need to keep this in my top of list.
LONG - BOX 6-20-18Buy signal given on 4/23/28 as the price crossed above the 50 day mov avg. Also, BOX is now trading above the 9 day mov avg too. Looks like we are in for a bit of a bull run. I welcome comments on where my stops should be. Thank you.
BOX - Bull Flag SpottedThis appears to be a pretty textbook bull flag setup. I see a large volume spike and run up in price, then a period of consolidation. The stock is in an overall upward trend so I would expect this bull flag to be a continuation pattern at this point. Its hard to tell exactly but there appears to be a line of resistance on the RSI that was recently broken. That could mean good things coming. Barring any sort of downgrade or bad news that would bring this to $24.50, I think this stock is free to run to $30 +
BOX - rest after battlei want this to gap up above the 22.33 support... it would be nice if it continued up just long enough to pickup an R or 2 :)
Channel Line Bounce Stochastic DivergenceThis one came up on scans. It's in a well defined channel, and has stochastic divergence on the (9,3), and just got an upgrade to "Outperform" from NYSE:RJF . Ideally, it will come out of the flag and move right to the top of the channel and into the profit zone.
Buy: 18.55
Stop: 18.30
Target: 18.99 - 19.80 (2.37% - 6.74%)
BOX Long. Reaching for IPO's high. Bullish
Inverted H&S?
Testing Break out level of $20
Needs to penetrate $21 to really get going
Over $21, clear path to $25
Possible MSFT takeover target?
BOX longaround 19.91 on average. I used todays pullback to add to my position. coming back to its IPO opening price. I think it may rallye if it breaks out of this base
