MACD, Stochastic and RSI all reversing and bouncing off the top of the bollinger band. Opportunity to short on the pullback. Price expected to drop to $132 where the 50day average is and if it breaks that support, possible drop to $120-122 region on the trendline support.
Earnings, sales and revenue were fine but it was the mention of taffies that sent the stock into the red, its is estimated that an increase in tariffs would result in a extra $25 million cost and result in a 3-4 % drag on earnings in 2019. This is not what investors want to hear as NASDAQ:FIVE is restricted by its name when it come to passing costs onto...
This is my analysis considering the support and resistance levels. Theres a 1.21% upside before we hit a little resistance.
FIVE seems forming a potential fallen angel setup. It was recently discussed on the trading-room. This already declined a bit from its original entry discussed. However, still looks good as a short setup. We think it has good downside potential.
Five below has not missed on a earnings report ever, it has thrived in a strong economy and will probably benefit more than most in a struggling retail environment. Everyone enjoys getting a bargain. Five have like any tried to diversify supply chains away from China which has increased some costs but will result in a much stronger company. After a pop on earnings...
Mar 15th: 115 Puts These are high r/r plays. Overall mkt is out of steam. China trade deal is only thing keeping the mkt alive and it will be sell the news anyways.
I ended up shorting five after a poor decision to close my 2 previous spy trending trades. Over leveraged my account. I got emotional. My original plan was to drop from $200 puts/calls to $100 but I instead went for this one and another trade. I realized afterwards that it was a folly once my senses kicked in. I bought to puts accidentally. sold one quickly...
TTM squeeze showing an uptrend Slow Stochastic oversold turning to the upside for bullish trend reversal ADX reversal
Five below is a growing company that is going to help fill the Toys R Us void that has happened. Amazon is pushing to fill the void as well. However FIVE specializes in a market that is hard for Amazon to compete in. With earnings coming at the end of November it could be the catalyst to propel it to 180. If not it will be the earnings in February for the holiday season.
Symbol FIVE EPS due date: 11/29/18 Horizontal S&R: yes Channel S&R: yes MA S&R: yes >200ma: yes Volume confirmation: huge Candle Confirmation: no Stoch Divergence: yes Reg Trendline >85: 88 Short Float: 14% Stop 108.5 Price Target 134 Risk / Reward: 2 Zacks Rank: 2-Buy 2 Style Scores: F Value | B Growth | C Momentum | C VGM Industry Rank: Top 27%(70 out of...
Zacks Rank: 2-Buy 2 Style Scores: F Value | B Growth | D Momentum | D VGM Industry Rank: Top 43%(109 out of 255) Industry: Retail - Miscellaneous looking for long. . . waiting for bullish candles and some volume. comments welcomed
LOOKING FOR A DIP TO GO LONG CONFIRMED OVER 131.5
Huge ER beat. it will run tomorrow and couple of days.
One of my favorite setups.... gap up and tight consolidation. Feels ready to go
Ok this is a Huuuuge retest gap. Everyone going to be taking some profits in the next few days.. Just needs to get below low of todays candle to start the run to the exit.. I see this pulling back to about 91 to be conservative. Buy some puts or shares.. I also like the indecision candle forming right now too.