After the close of the window opened on June 7th we then finally fell through the trading range marked by it. We have reached a minor short term support but this is valid in a very short time frame only and may cause a little setback. When this will be overcome the way is open for a bigger decline.
See Chart. Looking to complete an A wave before a nice bounce into B wave.
MarineMax is a Small Cap with high growth potential, since it aquires and grows fast in the luxury yacht and boot business. With a P/E from around 8.2 it is really cheap and predicted growth in revenue in 2022 will also see a rise, little less then last year.
Im getting long HZO with an easy managed risk/reward trade.
8 Mar 2021 I see W pattern on hourly chart volume registered high (see below) if price closes above 51.60 (green line on the chart ) , it will go up further 5.50 dollar up .. That is the height of the W pattern
HZO has had some insider selling recently; however, I am not putting too much weight into that. The stock has had a heck of a run in 2020 with the increase in popularity in recreational boating during the pandemic as people needed find social-distance activities. However, this does appear to be a cup and handle pattern and have top ratings from Zacks, TheStreet,...
These trendlines are looking promising. The stock took a 20% hit after blowing out earnings. Looks like it will make a run soon. I apologize for the lack of technical analysis.
LONG TERM: Ascending triangle with 4hr (RSI) hidden divergence and Daily (MACD) hidden divergence. Also just above a critical support. (Not financial advice)
RSI increased momentum - 58 MACD negative - close to crossover CMF above 0 - Shows buying pressure Ascending triangle - watch for breakout Middle/Long term uptrend Passed EMA50 + EMA20 yesterday - Short term uptrend
Entry price : 32.24 Fundamentals : - Sector: Retail - EPS % Chg (Last Qtr): 213% - EPS % Chg (Previous Qtr): 88% - 3 Year EPS Growth Rate: 35% - EPS Est % Chg (Current Yr): 12% - Sales % Chg (Last Qtr): 29% - Sales % Chg (Previous Qtr): 30% - 3-Year Sales Growth Rate: 11% - Annual Pre -Tax Margin: 6.6%
Id like to see price tighten up a bit more, but it doesnt have to, fucker could just take right off,
After viewing financials, HZO has hit a 52 wk high, and will continue the uptrend until June 2021 Price Target = June 1st, 2021 - $57.50 DarthTrader
$HZO has been performing very well since march this year. ı would expect to get the target price after a pull back to 9SMA (light blue) 12 months Consensus Price Target: $23.7 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
23/07/2019 HZO SHORT 13.79 14.28 AGRESIVA POR SOPORTE SEMANAL