1) 50 MA about to cross UP 150 MA. 2) Double wall Fibonacci Support Line Meats 50 MA and that looks like strong support. 3) Stochastic and RSI is Undersold. 4) Volume little low so might drop to support line 2 get better volume and than go up. But I Think its going to bounce up from 50 MA and Support 1 ( Red Pattern or Blue Pattern ). Will C
Much improved membership growth from most recent quarter earnings. Disruptive innovation in the retail industry with AI integrated in its service. FIB and the trend lines both agree that $24.50 is a great entry point.
Initially I lost with this Stock, right after I jumped in it dropped almost 27%. so instead of Panic I just Bought More and Held on to the Tree as the storm blew by. Well it was creeping back last few weeks just now finally got to the point where I was not losing much. Earnings report comes out and WOW all sudden every one wanted this one. the Wick hit $37...
Brief overview: - Earnings after close. - End of Friday (3/9/2019) had an upturn in the after hours, trading above the VWAP, which indicates an uptrend - This could be because investors have a good feeling about the earnings on Monday. However, there is no real telling of what can happen during earnings. - Looking at the 3 year trend, it peaked in September...
currently uptrending, the waters are beginning to clear up. Right on a key resistance level, right on my radar this week. Bullish
Must have been one good conference call, SFIX was up 10% AH and then tanked. Now down 10%, ad sitting at $23 AH as I type this. I doubt anyone is gonna buy this pig other than shorts covering. Quite frankly, the reviews for Stitchfix are terrible. Don't buy stock in any company that you wouldn't do business with. Not sure why anyone would want a company that...
Squeeze is tight, RSI and MACD headed up. Look for a breakout. BUY SIGNAL
Bounce attempt - peak volume - 0.786 Fib - Area of S/R - previous move bull flag- broke out and paid at target- consolation time again - Bullish divergence RSI- 15 min - Bullish divergence MACD- 15 min - 4 Hr MACD histogram crazy extended - potential EW ending point worst case SFIX is ast a conflunce zone-- best case bounce and PAYDAY
Bullish engulfing . Clear retracement found support
Dropping hard on earnings, but it seems to be mid-range between Fib levels and below the previous July resistance area. I'm watching for a retest of 30, at which point I'll buy in for a rebound and continuation of the uptrend since June. It's a volatile stock, but this feels like the best move for risk-reward.
Blew through my lower strike...Damn. Hoping she moves up a little tomorrow.