As America reopens again, parents will bring their kids out more and more toys via the monopoly of kids toys w/ Nerf Guns, Monopoly, and a wide array of historic US board games, modern kids games that I'm too old to know about, and their ongoing prowess of innovating and adapting. $HASBRO looks like a great risk/reward opportunity in both common shares and the...
Contextual immersion trading strategy idea. The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Cleaning, Household, Lifestyle, and International. The share price rose after good earnings. I see some preconditions the share price will continue growing. The demand for shares of the company...
Contextual immersion trading strategy idea. The Chefs' Warehouse distributes specialty food products in the United States and Canada. On 30 April the company announced increasing its offering size of convertible senior notes due 2026. It causes a rise in the share price. At the and of the day the demand for shares of the company looked higher than the...
Hormel Foods is an industrial scale grocery supplier. Similar footprint to that of Campbell's $CPB but with a lower OpEx and higher revenues. Notably, the company trades at nearly 3x P/S versus Campbell's which trades at 2x P/S. Both seem like logical, undervalued, consumer staples, though I would see a convergence in this price differential as we come closer...
Recent price volatility says a lot about human behavior, but the long term price chart for Campbell's is relatively lackluster versus others. No doubt consumer staples and essential items are going to get a boost here with upcoming earnings in Mid-may. Worth watching. Post-earnings, I'm looking for $53/share.
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Contextual immersion trading strategy idea. The Coca-Cola Company has a strong downside trend. This and other conditions can cause a fall in the share price in the next week. So I opened a short position from $38,13; Information about stop-loss take-profits will be later. Do not view this idea as a recommendation for trading or investing. It is published only...
We can see a reversal candle yesterday and a bullish engulfing candle today. Furthermore, strong support/bounce off the 200 MA on the daily. Also, TD sequential is showing a red 9 signaling a potential short term bottom. I entered a small position this morning. Stop loss below the 200 MA. (Red line)
Possibly a descending triangle? A pennant is a continuation pattern in technical analysis formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines - the pennant - followed by a breakout movement in the same direction as the initial large movement, which represents the second half...
Since my previous two post about TNY trading in a bullish flag pattern & a ascending triangle; which both broke out to the upside, it appears as though Tinley is trading in another Bull Flag that may bring us over the 200 Day MA, and there's also a series of micro higher lows. Only time will tell, but notice on the rsi TNY appears to have a bearish divergence?...
Kellogs is an action that has been approaching a very strong area marked at 75-76 USD, therefore we expect it to reach the area in the next few days, if not, there is a probability of re testing the area of 60 USD in the mid term This is a 2:1 stock
Consumer Defensive / Consumer Cyclical 30/12/2019 Close Long: ESSITY_B Current Price SEK: 301.80 Short: WESC_AB Current Price SEK: 0.0046 ESSITY / WESC spread Entry Range: 65608.70 ESSITY / WESC spread Hard Stop: 59076.70 (10%) ESSITY / WESC spread Soft Target: 85374.00 (30%) BETA hedge For every SEK 1.00 Long of ESSITY_B ...
We've had the highest volume on the U.S side this year recently, along with the highest short on TNYBF on Dec 24th with 100% of the trades short, keep in mind it's not uncommon to see over 50% of TNYBF short, TNY on the CSE usually trades much higher volume, which is the Canadian ticker symbol. Anyway, this recent move has put TNYBF over the MA50&200, and it also...
Bullish flag formations are found in stocks with strong uptrends. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a stock and the flag results from a period of consolidation. The flag can be a horizontal rectangle, but is also often angled down away from the prevailing trend. Another variant...
Maybe a descending triangle as well, but seeing the recent bullish upward since Goldman Sachs recommended a buy rating from neutral. It actually appears as though COT has formed a Triple Bottom, which also appears slightly as a Ascending Triangle. The triple bottom is similar to the double bottom chart pattern and may also look like ascending or descending...
It appears as though $TNY may have formed a triple bottom where I have the red fingers pointing right on the chart. In my previous post linked to this chart I spoke about the descending triangle & potentially testing .335c, clearly visible on this chart we can see .33c is about exactly where a new double bottom was created, and thus potentially creating the third...