LRN over 24.00Growing account pick. This is super oversold, looks to have bottomed and is facing pressure from the lower trendline. This could pop, over the trendline and over 24.00 is confirmation.
LRN trade ideas
Accumulation on $LRN dailyCurrently in phase D, good time for entry during mark-up within accumulation phase
$LRN Inverted Hammer CandleKeeping an eye on $LRN after today's inverted hammer candle. Last two days were decent size red candles on light volume and today's inverted hammer candle saw an uptick in volume. Would like to see it get above $29.50 before entering position. Target would be the $31.33 area.
Fib Retracement Analysis for $LRNLikely to head up next week. Right now testing the 23.6% retracement level.
Going back to school to LRNKeep an eye on this one -- we like it long right here. Multi-year breakout above $40 last month now holding as support. Deep pullback to the 50dma with a large open interest put level at the 43-strike to act as support as well. Shorts are in covering mode down over -18.03% over the past 2-weeks. Options are moderately priced in the 19th percentile as well.
Long opportunity -48.3 Get in at the first green line - 51.8 TPLong opportunity -48.3 Get in at the first green line - 51.8 TP
Long Opportunity -Swing Trade IdeaLRN just hit all-time high @$51 this morning,
My limit sell order was at 50.38
My order got filled while I was sleeping this morning...
I had a rough night last night...lol
Retail investors of won't be able to cause panic sell-off, its because 80% of the LRN stocks are institutionally owned.
Every time there is an attempt of massive sell-off, the institutional buyer just eat them up
given the circumstances, the Price action of LRN doesn't surprise me at all
Like I said earlier in the historical chat, My Target Price is $70.
I see no problem LRN will retest 50's and reach $55-58 area
I have already put a Limit Buy Order @ 47.65-47.70
LRN could go higher if it holds $44Could go higher if it holds $44 . Next support 24-29
Messy between 29-44
Swing Trade K12 - High Emotions with Strong Uptrend momentum. A very healthy OBV makes this one quite interesting. Good candidate for multiple Trading Opportunities on Short-Term Pullbacks. Several price reaction to steep-sloped support.
CITRON is giving a GREAT LONG opportunity with $LRNCitron following intraday trading strategy idea
K12 Inc., a technology-based education company, together with its subsidiaries, provides online curriculum, software systems, and educational services to facilitate individualized learning for students primarily in kindergarten through 12th grade.
The share price is rising and gonna continue this trend today after the new Citron report publishing.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $37,50;
take-profit — $41,39;
stop-loss — $36,35.
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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Golden cross break upside?It looks like the bulls are going into this stronger than the bears, but the bears are from a longer time frame. Any thoughts? MACD looks ok
LRN 50/200 Cross + Wedge BreakoutCurrently trading in an expanding channel/megaphone pattern with a local wedge forming in the gap. I like the $25 - $26 area to initiate a long as that was a prior breakdown and breakout level, and at that price a wedge breakout and MACD cross should have occurred. Additionally, the 50 MA is setting up for a cross of the 200 MA at a very aggressive slope. If you were to examine the 5 and 20 SMA (which are normally part of my analysis but have been removed due to the business of my annotations) you would see they are also setting up in a very bullish manner. RSI holding strong during consolidation and MACD cross appears set to cross tomorrow. Take a moment to look at how the stock has historically respected support/resistance and channels. This setup is very reminiscent of my 'BDSI long' idea which is at the very bottom of my page so I hope you take a look at that and see the similarity and most importantly the resulting success of that setup.
