2 weeks chart. The resistance at 4.5 was broken with tons of volume, no is testing the support. Risk and reward is good in this trade and it can break up very quick. I already have a long position, I may add next week depends on price action in the daily timeframe. Take in consideration that this is a 2 weeks chart so plan accordingly.
Accuracy in direction. I started with penny stocks then forex. Through it all I stuck with reading the charts and understanding it. I've used tradeview as a diary for myself.
Disclaimer: I/We are heavily invested in Sabre with some of our group have locked in profits and reinvested at below 14.5$ and has been averaging down. I have started buying $SABR in the 12.5$ range and have now averaged around 12.2$.
Sabre has been one of those Airline / Tourism companies that are still down due to travel restrictions.
Why Sabre and not any...
Sabre is involved with the travel business so it is a reopening play. Should be a good trade; I won't be in it long. It also popped up with institutional buying of the $14 strike calls.
Fair Value Estimate from Morningstar: $17.10
June Expiration; $14 strike Calls are the way to play it. The more time the better. Will roll the calls out to further expirations and...
It's a good thesis thinking about fiscal growth more stimulus and covid vaccine availability.
Not a direct relation fiscally as other opportunities and probably a bit of pull back...another one for the watch list and company analysis.
Hey guys, SABRE CORP is in a fake bearish push with a candle carrying water and a fake return of sell volume issued. The TIMEFRAME M1 shows us a short-trace hammer candle with an explosion on the purchase volume made. She is in full breakage from the top of the bollinger to go to the top of the balance zone for a retest. Big possibility of breaking out the price...
Watch out for mini ascending triangle breakout and I see this stock can move up to 19.15 and fill the gap that was created in Feb 2020.
Potential Target: $19
Stop-loss: 10EMA
Bullish Flag
Pros:
Volume at post
Descending volume during formation
Golden cross in blue
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 6
250RSI above 50
200MA ascending
Target:
PT = 20.54$
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$SABR broke the long-term $13 resistance last week. Looking to add equity in the 13-14 range with a stop loss at $11. Targets for this play are $19, 20.5, 23, 26.50.
The above ideas are my own and should not be treated as investment advice of any kind. Please do your due diligence before investing.
Potential gain:20-65%
Reward/Risk:2-6
Timeframe: 6 months
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Please review my track record and calculate the odds for yourself..!
You’re likes and comments encourage me to...
"Sabre Corp" has broken above a previous resistance area with a strong price gain supported by greater than normal volume . Be careful as it could pull back. Perhaps look for a buy price if it reaches 15$ to confirm direction"
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With more corona vaccinations happening everyday it seems like this year we will finally over come corona and as travel/hotels open up again sabr should bounce back from their bad earnings and continue their partnership with GOOGL and their newly signed deal with the european hotel market.
