Mattel’s management has exerted great efforts over the past year to pull off a turnaround story in the company’s performance. The company released its box office hit movie, Barbie, in 2023 and expects the hit to be the catalyst for the turnaround. Despite the impressive effort and resulting success of the Barbie movie, I retain a bearish view on the stock and see...
Might be a fun one to watch. Mattell is coming up to earnings and with so much hype around the Barbie movie they are anticipating it will flow onto sales results. Whether it is too soon for this earnings round or more likely to have a bigger impact on the next one with the movie not yet released it will be interesting to see how the movie hype does indeed...
Mattel has been trading for a few weeks in this area of support and resistance so I think a bounce off support is likely again so imo it's a good time to buy
What interested me in this is this company has mutliple brands under them ( UNO brand, Barbie & Hot Wheels ) .
Yellow box is previous resistance and support zones)
Looking for it to consolidate around these levels tomorrow and continue to push higher. Also this company rarely misses earnings coming up July 26th. 👀
MAT is another I've been in for some time and I love the action here but it is now running into resistance in the $22 area. I expect some hesitation or pullback here soon but this thing has been running well and with above average volume.
The gains come in the early AM and shortly after there's almost always a pullback so no need to chase this one on any open.
with upcoming Barbie release and potential Mattel Cinematic Universe trailing behind it, may have breakout potential with upcoming earnings following box office performance.
Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 18/61.80%
Chart time frame : B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance....
On the hourly chart the trend began on March 15 (Linear Regression Channel).
March 21 was the level of 16.83 (the upper point of the TMA channel). Then on March 24, the lower point of 15.99 was formed (the lower point of the TMA channel).
Today, the upper level was tested and fixed higher.
Therefore, the target on the channel (Linear Regression Channel) : ...
Mattel, Inc., a children's entertainment company, designs and produces toys and consumer products worldwide. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, as well as content, gaming, and lifestyle products for children under the Barbie, Monster High, American Girl, Polly Pocket, Spirit, and...
Hey folks, I hope you are all doing well!
MAT seems to be a really good buy both technically and fundamentally. The stock has been beating earnings and technical wise, it meets all of Mark Minervini's criteria for a bullish stock trade (on the weekly timeframe). We also see that the stock price has bounced from a long term resistance that's now support, so it...
Mattel jumped to multiyear highs last month. Now, after a pullback, some traders may look for the move to continue.
The first pattern on today’s chart is the area around $23 where the toymaker peaked several times last year. Notice how strong quarterly results propelled MAT above that zone on February 10. Prices pulled back this month and briefly dipped below $23...
