NYSE:DKS For the short term, taking DKS for short, all my indicators point to a correction. 2 candles reject the resistance at top. Care about the cpi binary event. at 01/12.
10.18.2022 inception price action directional trade with tp 1x - risk1/reward1
DICK'S Sporting Goods, Inc., together with its subsidiaries, operates as a sporting goods retailer primarily in the eastern United States. The company provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear and accessories. It also owns and operates Sporting Goods, Golf...
Hugh inverted HS, more than a year forming the pattern that already broke the neck. I'm holding this one for at least 4 months. Great risk and reward.
34% short to float. Wait for a break and hold of the squeeze line at 120.56.
Long red spinning top at this moment. The probable last leg of the W went just past the 1.113 fib level. There is an evening Star candle pattern at the top which is often ominous and can indicate a top has been made. The Evening Star pattern is viewed as a bearish reversal pattern in technical analysis. It usually occurs at the top of an uptrend. The Evening...
Dicks Sporting Goods (DKS) is breaking out from a textbook cup with handle pattern. After nearly doubling in price between May and August, the stock stalled and formed a small pivot at the $115 resistance level. Relative strength has been climbing for several months - a sign that Dicks has been leading the surge higher and outperforming the rest of the...
Hey all, I'm not taking this trade, but I am looking for an entry short on DKS. This thing is extraordinarily extended off the lows, and considering where i think the market will be by year-end, I would not be surprised if DKS is making new lows. In the immediate term, I think this thing looks like it's about to reverse.
DKS has had increasing prices since the last earnings when it beat the estimates. However, the price is ascending in a rising wedge which may suggest a breakdown. While a breakout is possible it is less probable than a breakdown. The chart has the rising wedge drawn in. The RSI indicator is suggestive of bearish divergence in the past week. This may forecast...
We believe Dicks Sporting Goods will retrace to the golden pocket as markets are oversold and over bought. This will create an opportunity to buy Dicks and DCA across the 30s to make bank up into the 80s + where one will want to to exit or de risk starting at 80s and beyond. 🤔🤔🤔🤔🤔🤔🤔🤔😁🤔😁🤔👍👍✌️✌️👏👏👏👏👏👏👏👏👏👏😂😂😂😂🕺🕺🕺😍👌😎😎😎😎😎😎😎😎😎😎😎😎😎😎😎😎😎 DYOR - be smart, remember...
Every season soon enough, will not start at Dicks. This stock historically trades somewhere between $40-60 USD per share. Now, after COVID, DKS trades over $100. Why the massive jump you may ask? For one, the supply of sporting goods and outdoor equipment was far outpaced by demand. Examples of products that were impossible to find include kayaks, and Canoes. This...
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Earnings watch 3/8 pre-market: DKS WOOF KOPN MTNB NINE DM CMAX CNTY JW.A OLPX Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of...
Looking for DKS to hit the Upper Bollinger Band. Confirmation happened, can open trade Stop Loss $100. Target Upper Bollinger Band (Currently $120) - Target will be dynamic. By the way - this is not investment advice...
Some conflicting pieces of information here from my point of view. On the Long-side: 1. Ascending Triangle (Purple Box & Hashed line) - often considered a bullish pattern 2. Convergence of 20 & 50 ema (Orange + Purple) - watching for a cross as a bullish signal 3. Strong fundamentals and DCF indicating an under valuation On the Short-side: 1. Bearish convergence...
As of 30 december 2021 this stock has a 22% short to float. That means a lot of smart money believes the price will go down. Also, uptrend that ran up until september of 2021 has been broken and -even if it's still not trading below the 200 SMA- it's not a good sign.
Friday went short via JAN 28 and FEB puts on Dick's Sporting Goods. Short Term resistance $117 held and closing below 100, 50 and 21 EMA's on daily , I'm speculating a move in the near term back to 101/100 zone. Stop set at a close above $117.
$DKS has finally broken from this giant rising wedge , looking for a massive breakdown tomorrow and leading into next week. Exact same set up previously as circled in green. I've listed 3 price targets to the far right but this overall seems like a retest to the top band of the fibonacci pitchfork which would be my final exit point before rolling over.