Watching this beast for a pop above 87$ as that’s our down trending resistance of this falling wedge. Target could reach us to 101 to our old high of 108 lower support at 75)
A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.
After ALRM gapped up on earning it was quickly sold off It continued to do so for 11 days in a row as it came into its major support area ($75) As It came in and held that major support area of $75 We started a position above the high of day Buying above $78 vs $75 ($3 risk per share) As it ran back to $84 and pull back to $80 We are seeing another low...
Hello fellow traders and investors, here's another trade idea. ALRM has recently pulled back to the bottom of the ascending channel, if ALRM makes a recovery to the previous high it offers a 23% ROI. Technicals: The Macd indicates that it's oversold and now in an uptrend When To Buy: Now When To Sell: I recommend selling at it's previous high Fundamentals:...
Long on ALRM, Bought at 88.79, stop at $85. Target is 95. It looks like a solid trade from the bottom of the wedge up. It appears to be consolidating as a bull flag. it may fail as the market is correcting. We will see.
Entry price : 79.78 Fundamentals : - Sector: Software - EPS % Chg (Last Qtr): 32% - EPS % Chg (Previous Qtr): 3% - 3 Year EPS Growth Rate: 24% - EPS Est % Chg (Current Yr): 3% - Sales % Chg (Last Qtr): 24% - Sales % Chg (Previous Qtr): 16% - 3-Year Sales Growth Rate: 22% - Annual Pre -Tax Margin: 19.4%
Fundaments: EPS this past year: Up 147%, EPS Q/Q: Up 100.7%, Sales Q/Q: Up 24.2%, Gross margin: Up 62.8% Forward P/E Down to 60.03 (still high but lower). "Technicals": Buy the dip. Price: 16.13% above SMA 50, Price: 53.68 above SMA 200. When to buy: Early buy (might be risky): Wait for price to close above the SMA 3. Confirmation to buy: SMA 3 crosses above SMA...
In the early Dec 2020, FireEye, a top cyber security firm, said it was hack. About a week later, Solarwinds NYSE:SWI , an IT firm that provides software for companies like the Fortune 500 and the US government was also reported being hacked. The series of the hacking events stir up huge interest back to the cyber security stocks. Is the rally for cyber security...
Gap under price and gaps can fill This one can be volatile and is not quite to long entry Also a C&H noted on monthly and weekly NV and OBV are high Short interest is always a bit high on this one. Possible due to volatility Possible stop under handle low (HL) or mid cup which is 63.51 Just an observation I wish I was psychic (or a member of congress) but...
over 75s
ALRM seems to have stopped its downward trend. It has recovered the EMA 8 and is heading back to EMA 20 territory. I sold a Sep 18 2020 55.0 Put @ 1.3 with the idea that the uptrend will continue over the next few days or weeks. 20-ALRM-01 Opening Date: August 20, 2020 Expiration Date: September 18, 2020 DTE: 29 IV: 44% IV Percentile: 37% Odds of...