Monthly candle looks good. In a sector that is in favor right now. I wish I had fpund FND sooner though Not a recommendation Floor & Decor Holdings, Inc. operates as a multi-channel specialty retailer of hard surface flooring and related accessories. The company's stores offer tile, wood, laminate, vinyl, and natural stone flooring products, as well as...
$FND Still taking support on the horizontal line. I will like to cross 62.7 levels (Feb High) If that happens with volume nad green bar breakout then possibly we are in a rider for 15 to 20 $. 50day EMA is above the end of handle. so as of now that that can be kept as a stop loss if and when a buy comes. Earnings is in August so possibly could breakout before...
FND has tested resistance at the $58.5 level 4+ times. Looking for a breakout trade towards $62. The hourly chart has had a bullish EMA crossover as well.
Please see chart for targets and description Indicators have room to run much higher
Options traders are betting big that this one goes down! My guestimate is $37.50 level before a rebound!! Short on way down - hedge with an upside 45.00 Call. PLEASE let me know what you think?
5/08/2019 FND LONG 44.05 42.90 1.15
3Mn Supply in control, Monthly bearish engulfing pattern is being formed. Looking to go short at Weekly SZ around $46-47 targeting $28
A CANSLIM stock with a 98 rating, that is just coming of the cup and handle pattern.... I am not entering as a market order, as I want to see strenght of the market trigger this one... entry 51.48 SL is 5% TP is open, but typically I will try for 3 to 1
FND has formed ugly H&S. I say ugly because it is not symmetrical nor do the head and shoulders form well. However, the indicators look good. You can scroll all the way to up to the weekly to see the indicators looking poor.