We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that,...
This stock has fantastic relative volume but it looks like FLO might be losing it unless SPY returns bullish. Only problem with this ticker is the previous highs are steep temporary peaks. So if you see stacked big red bars, FLO might not be back for a year. If you enter you will have to monitor this every day.
Entry: $29.25
Exit: $30.25
Hey traders,FLOWERS FOODS is in a fake bearish push large volume of sales made doji shaped candle. FLOWERS FOODS goes to the middle of his acceleration zone to turn around and break out of his balance zone. Great potential to go into decision areas and have a new high point and price.
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Flowers foods trading at 7.8% below its fair value. Earnings are forecast to grow 6.66% per year, earnings grew by 4.2% over the past year and pays a reliable dividend of 3.39%.
Potentially a good stock to hold for the long term. From a technical standpoint we are still well inside of the rising channel, yesterday we tested the 61.8% fib level taken from the...
Stock Flo seasonality starts to Buy date on January 21 and ends Sell date on April 28
Percent Profitable is 76.19% in 20 years and an average return of 11% per year
Yesterdays earnings report hit the right notes with investors, the stock traded higher on a beat on both earnings and revenue, while also providing favorable guidance for the full year. Shares jumped 3.5% afterhours so we hope for continuation today, the stock completed a correction from April 18 high and is now approaching that level once again at $22.80. In the...
Most likely will use black and red as support to bounce up...
However if if breaches black and doesn't get stopped by red, might be a new change of direction
More than anything expecting a positive next week with some range searching. Take the gains, wait for pull back and go long again incrementally with the positive trend gets confirmed.
Expecting a strong breakdown soon with nowhere left to go hopefully see some movement this week
Please also see linked chart for rest of analysis
If price breakup i may look for buy
Good luck
WILL BE WATCHING FOR A SHORT HERE PRICE PUSHED THROUGH MONTHLY UPTREND LINE ON BIG VOLUME AND IS NOW CORRECTING UP BELOW THE TRENDLINE. WILL BE SHORTING ON A BREAK OF THE CORRECTION THE MORE UP WE GET THE BETTER REALLY. AIMING TO BOOK PROFITS AROUND THAT DEMAND ZONE BUT THERE IS A POSSIBLE RETURN TO THE MONTHLY 200MA TREND TP2.
FLO has pending litigation which has caused stock to fall to it's 120 period monthly moving average. Stock has not fallen below this for past 20 years, and I think should help it retrace about 23.6% of decline and fill the gap sitting there (around 17.5)
