Am has been crazy , huge pump in Ah rise to 14 trimmed , falling like a rock in 30-40 min , someone really likes this at better price .I go along with that , LONG
Have closed most of my positions. Currently hold Jan 2020 17.5 Call.
See my previous analysis, for some reason I ended up with two accounts.
Volume is disappearing, MACD is going down, will soon approach 15.60 strong resistance level. The best scenario is it will consolidate around 15 level, and wait for a fundamental good news (next ER report?) to break through...
Sonos remains the same company that went into freefall after its IPO, a analysts upgrade had sent it in overdrive over the past few days, would I buy here, NO WAY.
Long term it's hard to see how a company selling a product that is easily replicated and possibly sold below cost by the giants like Googl, Amzn, Fb and Appl can survive, the ECHO etc has much greater...
Still in a well defined trading range.
It has to break the $12.10 level in order to talk other possibilities.
It does seems it has very little room to go down further.
Price has been accumulating on SONO for a little under a year now. Note the MACD divergence with price (basing/increasing).
Intermediate to long term bullish.
This may get interesting down around $5.00, great technology and company and I believe will be acquired in the next 2-3 years as soon as the fanfare dies out. Unfortunately their putting the resources into pushing more product/revenue out into the market when they should be further leveraging their platform and its capabilities. Love the product but somewhat...
Some investors have voiced their concerns about the competitive home audio market. On the other hand, the bulls are confident of the company’s loyal customer base and the expanding product portfolio. A unique thing for Sonos is that its devices are compatible with Alexa voice services and the company is working to make them compatible with Google Assistant and...
