Going short below 51.3 September contracts. Small short position and scale up on confirmed downtrend
$LOVE formed a bullish falling wedge. Watch for a breakout of the wedge structure & horizontal resistance at $94 as initial confirmation. Target 2: $69.42 | $75 | $80
Price is heading up off a big bounce area, RSIs heading in the right direction, MACDs bearish pressure fading, Volumes up. Lots of love coming back in for Lovesac. Worth a watch.
A 50% return on your investment 4 months is a good possibility. Buy LOVE tomorrow on June 17th then sell on October 19th @ $76 or there about. Sell LOVE on October 19th @ 114 or there about. What could go wrong?
Trade price: US 61.37 TP: 75 SL: 59 R/B: 1 to 6 Lovesac Profit-Taking: Opportunity to Buy - Yahoo Finance "Lovesac’s reported earnings of $1.37 were 144.6% above the estimated 56 cents and 270.3% above the year-ago level."
A nice breakout before earnings. Would like to see a pullback for an entry. Maybe when earnings are released
The Market is pulling back, this week I expect the market to by choppy. This is the Relative Strength Edition of Stocks to Watch. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There...
Another setup for a breakout to all time highs. Stock been consolidating for 5 weak after a massive 168% rally. I would have liked it more if the stock spend the next couple session "quieting" down at its upper box range. Lovesac Company (LOVE)- MANUFACTURES AND SELLS FOAM FILLED FURNITURE, SECTIONAL COUCHES, AND RELATED ACCESSORIES
Entry price : 43.84 Fundamentals : - Sector: Retail - Furniture - EPS % Chg (Last Qtr): 135% - EPS % Chg (Previous Qtr): 74% - 3 Year EPS Growth Rate: 0% - EPS Est % Chg (Current Yr): 0% - Sales % Chg (Last Qtr): 43% - Sales % Chg (Previous Qtr): 29% - 3-Year Sales Growth Rate: 47% - Annual Pre -Tax Margin: -6.3%
GAP not filled. OVERBOUGHT CCI. Reversal coming.
Trade plan on chart! Rising and maintaining key levels will be trigger for shorts to close positions, giving an extra boost to the stock Keep an eye on failed break over 48
I think we see a test of both trendlines shown, not a huge dip but look for suppoert around 35 before we get the leg up to a new all time high. great chart ! goodluck :)
Hello again! Hello I am taking a long in LOVE at 41.23 with a target of the recent high of 43.87. 4 hour is turning up now, so you might not get a lower entry.
The Bull Market is strong, but many stocks are extended and sentiment seems to be bullish. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 15 total stocks on this list. I also included 3 stocks with potential short squeeze opportunities. Many of these have IPO'd in the last few years and still have a...