Five Below Inc. is an American chain of specialty discount stores that prices most of its products at $5 or less, plus a smaller assortment of products priced up to $25. Founded by Tom Vellios and David Schlessinger and headquartered in Philadelphia, Pennsylvania, the chain is aimed at tweens and teens.
Potential swing long/re-entry.
I have not charted Five in a very long time. I could be rich!!! Weekly candle strong close. Break and hold above 205... 210/215/220 targets. Earnings 8/31. Could se clear 220 before then? I'm watching. Have a great weeked.
Five Below Inc. (FIVE) presently trading above key resistance.
A weekly settlement above this area would result in a buy signal where gains of 20% would be expected over the following 5 - 6 months.
Inversely, failing to close above this resistance level on a weekly basis would allow (FIVE) to fall back to near-term support, signaling losses of 15% over the...
five below has resistance at 179.80 on the daily if we break and retest and use as support i am looking for calls stop loss 179.50 exit at mid 180s if we do not break above I’ll expect a pull back to lower 170s ascending triangle on weekly
Analyzing the options chain and the chart patterns of BMO Bank of Montreal prior to the earnings report this week,
I would consider purchasing the 185usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $15.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking...
I'm probably underestimating coming drop, but at minimum:
Initial Target 160 by 6/16
Target 144 by end of July
I think it could see double digits by end of 2023
5 below? More like 6 below!
FIVE Daily chart analysis.
Five started its Uptrend in September 2017.
Covid came and snapped the uptrend in February 2020 but by August 2020 price snapped back up and continued its uptrend. The momentary fall in price during covid proved to be nothing but a false breakdown.
The Uptrend continue until January 2022 where it fell back...
Cup and Handle has formed since 2022 which broke above recently.
The price has come back down in the handle but it seems like the price wants to retest the uptrend.
7>21 (Bullish)
Price >200 (Bullish + Green back)
RSI >50 (Bullish - Green back)
Target $238.28
CONCERN:
We are seeing the price come down below the Handle. This isn't ideal after a breakout above...
Earnings watch 6/8:
FIVE
THO
ABM
AVO
OLLI
JILL
CPB
LOVE
BF.B
BLCO
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 trading*
7pt...
Price has dipped again to the Green MA line
This dip has a strong resistance in red
Enter once price has crossed over the red trend line, as seen in the first climb over
The PEAD projected a Bearish outlook for $FIVE after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 50%.
Earnings watch 3/30
FIVE
BNTX
PAYX
USWS
ISUN
MSGM
NDRA
MAG
FC
NAK
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 trading*
7pt...
Long $FIVE CMP $216.48. Tight consolidation of price. Trendline support continue. Earning expectation can move stock price up to $230 area. Zig Zag 20 and 50 SMA price action is a sign of range bound price action. 50 SMA about to cross 200 SMA also known as golden cross indicating further upside. Short term target $230 area. If price falls then stock could see...
Hi Guys,
Five Below is going to report its FY21 Q3 results after the bell on Wednesday, December 1,2021.
With high freight cost and new threat from Omicron, will it able to come thru stronger or just admit it is another quite quarter?
Tell us what you think about it!
