+90% up for a quarter, between earnings. Put/Call Open Interest Ratio 0.26 Fantastic stock!
Looking to see a run past $40 again for SONO. Much of the analysis presented in the graphs. So long as we do not get bond yield jitters, this stock should be able to move past the (lighter now) $40 resistance level since it crossed it several times even yesterday despite closing below $40 yesterday (02/25). I am very LONG ON Sonos. Own several hundred shares in...
NASDAQ:SONO broke out of its IPO, buy now or upon retest of the break out level of 23.7$ or slightly lower at the 20 MA. Its not easy to figure out the target, it already crossed the analysts average target and could easily hit the highest target of 30$ and even higher. I am in this trade without stop but a good stop level would be around 20$. Hit the like button...
This is a signal that SONO's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked back and found 21 similar cases where SONO's RSI Indicator left the overbought zone, and in 21 of them led to a successful outcome. Odds of Success: 90%. Current price $30.40 is above...
Retest of $21 complete, Sonos is looking great right now. The move to $30 is coming.
Category leader in what they do. Access to A/V for high-end households. Market Cap of < $4B. Potential undervaluation here.
NASDAQ:SONO Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100%
I'm going to taking profits going into Friday. NOTHING has changed in my long term outlook, but looking at the sequential and candle formation i think this stock is due for a pullback to the .618 level (around 21.50). This would be a great time to buy.
Looking to establish June 30 Call as SONO is breaking higher. The company might be an acquisition target and contender to exiting players like Apple.
I think we get a retest of the 21 area before anymore upside. Looking for a small correction over the next week or two. I still like this long term, will be a good place to buy.
$SONO had a huge gap after earnings and consolidated afterwards. It's in an almost perfect pennant on decreasing volume. Expect it to break out and make new highs.
big monthly resistance, if you arent in wait for the breakout. thats a huge monthly candle breakout. congrats if you got in before it really started running