Following a beautiful reversal with class A bearish divergence on the monthly chart, Logitech has begun to creep up to the golden zone. Judging from the MACD, any reversal that is a higher low will be met with hidden bullish divergence and trend continuation. The play is on the trend continuation. So first, i believe we need to see some exhaustion develop along...
LOGN for a few days hugging trendline. if true will aim to close the gap at 87 before EOY. if trendline breaks look at the bottom trendline of pitchfork.
50 week lows for Logitech with good earnings - big upside (analysts suggesting $160 = 99% from here). Good technical at this level - support, bullish divergence, gaps to fill, money flow low etc. Good chance for a bounce from here in my personal opinion. ** NOT TRADING, FINANCIAL OR INVESTMENT ADVICE **
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LOGI has had a bumpy ride, zigzagging from overbought to oversold and back again. LOGI has been in a solid uptrend, and despite tough comps from consumer investment to streaming and peripherals for COVID, LOGI is still meeting and beating EPS and revenue expectations. RSI is low and MACD is weakening at the lows of the past year. Coupled with the 200 day SMA...
Short $LOGI CMP $95.31. 50 EMA rushing towards 200 EMA, a sign of downtrend continuation. MACD histogram is negative. May bounce a little before further downtrend. Currently trading below 200 EMA. Support ~$88-91. Resistance ~$115-117.
SNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly...
Double bottom if bottom holds. The two bottoms do not need to be exact, but having both in the same ball park helps. There is a neckline which will represent resistance. Long entry is a break of the neckline with an uptrend in place. Negative volume is high on this one and appears earnings are over for now. Triple, double and multiple bottoms can show a level...
Gap fill on the cards following sell off post earnings. Nice set up for 18% gain with low risk. Daily doji on Friday indicates sell off pressure reversing, supported by bullish rsi divergence and MACD crossover of 50-200MA with divergence also. Looking to hit the 120 gap fill around mid Oct by extrapolating previous trends. Good luck 🤞
If LOGI bounces of the green doted support line it might go to first or second yellow doted resistance line
LOGI is on the way to 0.618 Retracement level. Do we have a bullish movement there? Lets follow. 50% Retracement was not able to push the price up. Now, ABC form of correction has showed itself and we are more confident to go long in the case of bullish movement in support levels which are 0.618 and 0.786 Retracements at around 114 and 107...
Hello fellow traders and investors, Logitech has recently been selling off approaching earnings. They reported a beat in revenue and earnings estimates which the market will eventually price into the stock price since this is a positive catalyst. I have personally taken a large position in Logitech since I see minimal risk and a good ROI potential. Entry:...
If its strong today, it could go UP again to new ATH. SL close to EMA 50
LOGI is one of the best stocks in the market. General trend of stock is clearly up. Stock is going to show us another leg up to around 145-148 USD to complete wave 3 of a large Elliott cycle. This leg up will be wave 5 of 5 of 3 which means after reaching to mentioned target (145-148) a large correction may start which is going to push price down to 105 or even...
HELLO TRADER'S THIS IS MY BEARISH TREND Analyze WAIT FOR PRICE TREND RESPECT IN PREVIEWS SUPPORT AND RESISTANCE ZONE AFTER TREND CONTINUE TO DOWNTREND MOMENT IM FOCUS .
LOGI is showing a consistent uptrend pattern with increased trading volume on the weekly charts. It also looks like the stock is looking to close out the week with a bullish pin bar on the weekly charts too - Bullish sign. On the daily, LOGI is looking to clear overhead resistance which also happens to be the all time high. Fundamentally, positive earnings three...