SPY consolidating after breakout of resistance. Purchased $295 calls looking to take profit around $293. One or two day trade.
Take a look at this chart of ShotSpotter . The stock tumbled from its highs in late may, and has found support around its current levels. Currently, it's trading with relatively low volatility in a strict range. Today, it tested resistance around $30 and the situation currently looks bullish. This is a significant valuation level as it reflects the market...
Active trade. Two phrases: Relative Valuation and healthy fundamentals. Limit order set for open at 127.04 Stop-loss 123.65 (will probably replace this with a trailing stop if the trade works out). FFIV | vs. Industry P/E 19.85 | 44.44 P/S 3.79 | 7.36 ROE: 28.08 | 34.81 ROA: 14.27 | ...
Keep an eye on unemployment report coming out Thursday 12/26. Market at all-time highs again; it doesn't last forever.
Long-term correction completing. Short-term falling wedge reversal?
Classic falling wedge supported by MACD and RSI divergence.
$SSTI is very cheap right now. In addition, with only 3 years of operations their EPS has been growing each year, and increased by a factor of 84% last FY. To conclude, Shotspotter is providing service to a number of U.S. State governments in the Gunshot Detection space, and their top (and bottom) line is projected to grow through 2021.
This is a company to watch. Very good fundamental story.
$VIX thinking pullback. Watch China, currency manipulation is a dirty tactic. Long/neutral.
Watching to see how the market reacts to earnings. Possible trade opportunity
It is my personal opinion that Volatility filled gap from late June, and will go higher. Going to be tough to break that $16.70 resistance level.
VIX squeezing out of downtrend on rate cut worries. Waiting for a retest and $14.80 breakout.
DISH is looking ready for a pullback. Taking profits if it breaks $38, I'll be looking to reload around 36.00
Dish broke major resistance and should settle above. Its completing its impulse S-Curve. You should be long this stock.
Cabot Corp is forming a double bottom pattern. Coincidentally, this is occurring at a 38.2% retracement from the highs to the lows of 2012. A breakout of resistance at 48.28 is when you buy.