Sugar is confidently surging for now into this thin zone toward 20. Consumer inflation will be felt when food prices are soon passed on, similarly with Oil and other commodities. Broad implications economically but when will the true inflationary pressures be communicated? See my cursive inflationary pressure roadmap for the next 5 years attached. Peace
When growth and inflation around the world are seemingly increasing on a MoM basis, consumer discretionary stocks perform well. We've seen this across the board so far this year, and in the latter parts of 2020. Ferrari is no exception, with a premium luxury brand with international recognition. Recently, RACE has been pulling back, and I'd look to start to leg...
this sector is underperforming SPX.
Hey fellow Traders, first of all i wish everyone a succesful and happy new year, may your dreams come true! Now lets get back to business, today i´d like to talk about NASDAQ:TTCF As we already saw it was forming an strong resistance at the 24 ish level , but we could finally manage to break that with good volume coming through and positive newsflow. What...
Maintain in an uptrend channel Collection area 610-645 Cl below 600 (break uptrend) Looking forward to increasing demand for flour due to MCO Long term prospect
Tunggu break downtrendline Shareholder acquire Boleh monitor peers Cheetah, Prlexus, Caely
Since mid Oct, this particular group of marquee Consumer Discretionary stocks - McDonalds MCD, Dollar General DG, Home Depot HD, Lowe's LOW - show a deteriorating pattern which the Dow DJI and the NASDAQ indices do not.
Daily and 4H chart confirm these strong resistance levels, Ascending triangle forming over a month. MACD on daily pointing upwards and possibly break trend. A great long term hold, look for a 2%-5% break @ 141 for direction.
The green arrow in the chart show the support being tested around $135. The upside is around $144, and a stop-loss exit below the 100ema makes sense for at least 50% of the trade. RSI has slightly improved, showing bullish intent. PG is probably being used to collect dividend, so choppiness in the drawn channel isn't a negative thing.
A solid name going into the holiday with a potential pre-earnings run up.
4 ETF's to buy and hold for Long-term growth: $HACK - Cyber Security ETF $QCLN - Clean Energy ETF $QQQ - Large US Company ETF $FDIS - Consumer Discretionary ETF
Ulta Beauty had a big run between late 2014 and the middle of last year. It crashed in August 2019 and remained under pressure through the coronavirus selloff in March. Since then, it’s squeezed into a range and may now be nearing a breakout. The first thing that stands out on the chart is the large triangle converging around its current price. ULTA had a...
US Consumer credit has fallen significantly, representing telltale signs that debt-intensive purchases have been falling signalling within North America that growth is beginning to show serious signs of depressed growth, of those similar to the '08 crisis. Because the US Yearly GDP is fueled by roughly 68% consumer-based debt/spending, this may be the beginning of...
Chipotle Mexican Grill has been a slow-and-steady gainer in 2020. It was already investing in its online model before the pandemic, and that decision paid off handsomely as the country went into lockdown mode. CMG formed a bullish triangle in July and early August. It then broke out and surged to new all-time highs near $1,400 before rolling over with the rest of...
$REYN just got above 50SMA with above average volume. Earning result is ahead. I would expect to reach target price 2 if the EPS beats the expectations
$LULU is about to start a new trend. watch for a breakout of $318.32. 12 months Consensus Price Target: $306.1 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
H&R Block (HRB, $16.37) was one of top quarterly gainers, jumping +25.15% to $16.37 per share. My A.I.dvisor analyzed 54 stocks in the Other Consumer Services Industry over the last three months, and discovered that 54 of them (100%) charted an Uptrend while none of them (0%) trended down. My A.I.dvisor found 149 similar cases when HRB's price went up 15% within...
Hello, today I would like to go over NKLA and what I believe in the company. First NKLA and TESLA can coexist in the same place, neither one or another is better than the other. They just chose to tackle the problem in a different way. NKLA makes the argument that their business model will be more cost affective for consumers than TESLA approach with regulatory...