$AAPL is a undervalued stock that has been hated by wallstreet for quite some time. Hence its undervaluation. Based on Bulkowski the following price targets has been stated in the chart.Do plan your stops accordingly. Upside valuation may change due where the breakout is at point of writing. Do wait for a good breakout to confirm. I am not initiating a position...
After a recent acquisition, revenue jumped. Guidance for revenue and EBITDA is essentially twice of 2015 for 2016. Going long
symmetrical Triangle spotted. I made a DCF of this stock and got 12/share. Bulkowski's measure rule puts it at 7.22 I am bullish on this stock.
May look to close the gap, conservatives estimate at 70.24
What can I say. Good fundamentals, strong balance sheet. Price above 200SMA, ascending triangle. LEA is a buy
Virgin Airlines was a growth stock turned sour. Even with fuel hedging and increase in revenue the market still does not approve VA and hence cause it's decline since it's high at december. Technical: Based on the chart, there are 2 anomalies that one should take note when trading this. 1) Between $30(green line) and $26.42 (blue horizontal line), the price has...
I am bearish on CMG in a short term sense. Story/fundamental/technical wise Technical: The price has breached the 200 Weekly SMA and shows weak price action. I am expecting a drop but I am unsure where it stops. Fundamentals: CMG is over valued and based on classical valuation based on DCF, CMG's fair value is at $288. Which is a big drop. In terms of PE and PS...
I am not the author of the seekingalpha article even the though the title looks similar. I just find it cool and it rings. For followers of Stan Weinstein chart analysis (do google this up, his technical analysis methods are really easy to use), you would have noticed that KORS has just exited stage 1 and is now at the possible start of stage 2. The high volume...
Combining poor economic outlook with less than expectations data released by AMZN. I see a short set up till 408.51. Using a log graph we can see that there is a slow in momentum and a increase in volume and this giving us a nice short opportunity
Exciting times. INTC is ramped up for growth. Technicals wise, if you look back at the weekly chart you would have seen a few inverse head and shoulders. However, each them the pattern completes it goes up a bit and then bounces off resistance. However, right now, there isn't really any resistance left and INTC should rise fairly quickly once it breaks...
Descending triangle spotted in SCTY weekly. Will coal affect it's price? I'm seeing two patterns. One is a descending triangle continuation or an inverse head and shoulder. Whatever it is, do take the time to observe how it unfolds. Personally, I think it will bounce to $46 and then range. I personally do not think it will shoot up or shit all the way down. I'm neutral
volatility in oil and the recent sell off in oil is causing airlines stocks to be volatile as well. VA is an undervalued stocks by many metrics, however technical analysis showed the lack of demand from this stock. Combining the rising wedge, bearish divergence, and market volatility, I am expecting a decline over the next few weeks. However, if it breaks it's...
Potential catalyst needed to determine if the USO falls further. I try to stay away from any longs if I were you. I will only consider it if it exits the pattern in a bullish manner
Strong consistent earnings. Low P/S ratio. Decreasing short float. Low P/E. Trading 7% Ben Graham defensive price AFSI is one serious stock to consider.