Triple_Barrel_Capital

Triple_Barrel_Capital

$SRPT RSI looking oversold on the daily chart, held trend line support well today. Expecting a bounce in the near/medium term. Targeting $160 at least by next earnings release late October. Note: Informational analysis, not investment advice.

Triple_Barrel_Capital

$PANW looking oversold, MFI is bottoming out. Forming a bullish inverted hammer on the daily chart, holding the 50d ema as support. Expecting a bounce in the near term with September earnings gap now closed. Medium term target - $250 by early Nov Note: informational analysis, not investment advice.

Triple_Barrel_Capital

$JBL has been fairly rangebound for the better part of the last year. We tagged the lower support line yesterday and have begun to turn back up. Adding to the bullish sentiment, we also saw $3.5M worth of leap call options traded yesterday - with about 6k $27 strike Jan'21 contracts purchased. Targeting a move back to $30 by early November. Note: Informational...

Triple_Barrel_Capital

$APO - Apollo Global Mgmt forming a bullish ascending triangle pattern on the daily chart. Monitor for a break through $36.50 resistance level. Long term target - $44.00 by year-end Note: Informational analysis, not investment advice.

Triple_Barrel_Capital

$GRUB - GrubHub continues to hold the upward trend line, expecting a breakout within the next 1-2 weeks leading up to ER late October. GrubHub has maintained a great record of earnings beats over the last year, assuming this continues we could see $170 by the end of October post-earnings release. Adding to the bullish sentiment, there was a deep-in-the-money...

Triple_Barrel_Capital

$DNKN appears to be holding the lower trendline of a bullish channel it's been in since earlier this year. Assuming this rebound continues, targeting 5-10% return by next ER late October. Note: Informational analysis, not investment advice.

Triple_Barrel_Capital

$SAM Boston Beer Co. forming what looks like a possible cup&handle pattern on the weekly chart. Monitoring for a break of $330 level for a confirmation. A couple possible medium/long term targets on chart. Note: next ER end of October. Note: Informational analysis, not investment advice.

Triple_Barrel_Capital

$DPZ Dominos beginning to look oversold - nearing ~$271 support level. Assuming the trend line holds this week, I'm expecting a bounce in the near term. Targeting $310-$315 area by mid-October earnings release. Note: Informational analysis, not investment advice.

Triple_Barrel_Capital

$SFIX Looking very overbought after an analyst price target increase earlier today. Money flow (MFI) has been on the decline since last week diverging from price action. Expecting a near term price correction. Targeting $44.00 level at least, we will see if that holds as support...further downside possible. Note: Informational analysis, not investment advice.

Triple_Barrel_Capital

$ANET Arista Networks was in the process of breaking out of a long term bullish pennant pattern just before it was announced they were adding it to the S&P 500...with that came a volatile couple weeks. The attention seems to have cooled off and we're finding support back at the lower trend line. Fundamentally, this company has consistently put together a solid...

Triple_Barrel_Capital

$HUBS Hubspot - We hit our $160 target early, now looking overbought and holding upper channel resistance. Assuming we close within the upper limit today, expecting a near term pull back over next 1-3 weeks. Targeting $140-$145 range by early October. Note: Informational analysis, not investment advice.

Triple_Barrel_Capital

$GLW C&H Breaking Out - will be some resistance at $35, but once that level is broken we could see $40 by next earnings report late October. Note: Informational analysis, not investment advice.

Triple_Barrel_Capital

$OLLI Overbought - appears to be topping out on low volume forming a hanging man candlestick today. RSI up close to 90. MFI topped out last week and is already turning down, diverging from price. Expecting a near term correction out of overbought territory. Targeting mid-80s within 1-2 weeks. Note: Informational analysis, not investment advice.

Triple_Barrel_Capital Updated 

$BA Boeing - Nearing the resolution of a long term pennant pattern which began earlier this year. I'm expecting an eventual breakout to the upside. Targeting a return to the area of previous all-time high in the mid-370s by November.

Triple_Barrel_Capital Updated 

$PANW Palo Alto Networks - oversold bouncing off support level around $219 earlier today. Earnings today after the close. Assuming a beat today, targeting $232+ near term.

Triple_Barrel_Capital

$QQQ Oversold today bouncing off channel support - see chart for two possible near/medium term targets. Note: Informational analysis, not investment advice.

Triple_Barrel_Capital

$AOBC was rejected at $15.00 resistance earlier today. RSI looks to have peaked, volume is drying up. This stock was under $10 a week ago. I'm expecting a near term pull-back to at least the $13.30 support level in next 1-2 weeks. Note: Informational analysis, not investment advice.

Triple_Barrel_Capital

$NVDA Overbought at Resistance - expecting a near term correction. Target - $256.50 support by mid-Sept Note: Informational analysis, not investment advice.