Does look bullish. OverSold on daily, Golden pocket, KDJ Bullish.
If we go past my target or hold that level and not go down, it's full continuation of Bull for this stock.
Insulet (NASDAQ: PODD) stands as an innovative medical device company committed to enhancing the lives of individuals grappling with diabetes and related conditions through its...
Had a strangle go wrong in PODD. So I added a straddle on the call leg of the trade. I only plan on holding this position for a week. I sold 2 130 calls for Nov 17, one 130 put for Nov 17, and a 125 put for Nov 17 for a total of 33.40 cr. Target profit is 20% stop loss is 50% of credit received, so 670$ and 1,670$ respectively. I expect to exit this position before 10/18
Despite posting decent earnings, NASDAQ:PODD has been weathering a massive selloff and is now in its historically strong area of resistance. It has strongly rebounded from this area every since 2020. On the daily chart, the RSI 20 is at the most oversold level the stock has ever been. The last two times it was this oversold it rebounded around %40-%50 within...
NASDAQ:PODD I published yesterday that this stock has a long history of steep selloffs immediately followed by steep rebounds upward with multiple selloffs rebounding off of this same price level within the past 3 years. This could potentially be another of those rebounds. Sell the news traders have driven the stock in a steep decline despite positive...
The market goes from insanity to insanity. That is a given. Stay rational while others are losing their heads. This stock may be a case in point. It looks like its real value is in the price of the stock and not for any other reason. It doesn't seem to return anything to shareholders except the hope that another sucker will be drawn in by its high price - at...
When price clears: 328.87
With daily volume greater than average
Target: 389.00 area
Depending on your risk tolerance: 308.85 gets you 3/1 Risk/Reward.
This trade idea is not trade advice. This idea is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this...
that's, basically, what the most of the FinTwit traders are looking for :)
Add some fancy volume analysis at MA20/ 50/200 and you got it - don't need a CFA or whatsoever to earn millions and buy an island :)))
Have a nice week!
$PODD is the best setup on my focus list for tomorrow and its B- quality at best.
While market internals are showing improvements, quality stock setups (to how I trade), are scarce right now.
Take it for whatever its worth.
We are watching the key levels noted in the chart coming from last year's motion - currently sitting at near term resistance but holding trend and performance well. However, this chart has yet to breach its prior year's high
NASDAQ:PODD & NASDAQ:DXCM are leading the sectors recovery.
Both are in the Medical Products Industry for diabetes.
Insulent (PODD) normally outperforms DexCom (DXCM) during and after a correction. Then, when they are in sustained uptrends, DXCM outperforms.
For the recent correction, PODD has a -45% deep base while DXCM has a -58%.
PODD bottmed 4 weeks...
Looks like $PODD is getting ready to break one way or the other here. Notice how there was a big jump in volume, about 6.5 times the average on the earnings reaction. Since then both the price and volume have been contracting and getting ready to be squeezed in one direction or the other. In a bull market my bet would be that it would resolve higher. However, in...
PODD had a massive earnings gap breaking out of a cup base. Since then, there has been an orderly pullback to the low of the gap up day which sits just above the 21 ema. After staging an upside reversal candle, this was buyable the next day as it pushed over the high of the upside reversal. This buy already triggered; however, it remains right in buy range and is...
Staying with earning gap up theme. $PODD is another one with low risk entry.
Inside day right at earning gap up low.
The good news? These recent earnings gap ups have held. So light at the end of the tunnel?
The PEAD projected a Bullish outlook for $PODD after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 100%.
