Hello, I have prepared a review specifically for you on Johnson Outdoors Inc stocks. The company manufactures diving equipment. It is advisable to buy the stocks of this company in the range of 34 to 40. Hold onto them until they reach the price range of 110-147.
An inverted H&S is evidently forming on the daily timeframe at the end of this nice down channel I think this could be a reversal point for the down channel trend and allow price to move back up again. Inverted H&S's can signal trend changes.
Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA |...
A simple DCF gives this stock a 130 valuation, great technicals, low coverage, inefficiently priced in my opinion.
Looks like might start up on daily. $ 117 -> $ 148 Stop: $111
In my opinion we have to monitor the level of the 200 SMA weekly (red one). From that level is possible a change of route.
Oscillators down; largest sell-off in 12 months with similar pattern in December 2016. Sell-off lands shortly after stock's historical high.