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FIGS

DIPS YOU HAVE TO WATCH - DKNG/PYPL/UPST/BIDU/NIO/ROKU/FIGSAll, BE PATIENT. Let the market do it's thing and get conformation. There is ALOT of money to be made here if you are patient with call options. I see ROKU/PYPL as immediate buys once market turns around. UPST as well but not tons of support. FIGS id watch every 30m this one is positive ER really undervalued here on serious support basically a wedge. I like FIGS if it holds or breaks below id watch that even more. FIGS whenever it fully stops I will probably take.
NYSE:FIGSLong
by DigitalData
2
FIGS, On the way to 70 USD! Who wants to miss the chance?FIGS is going to bring us a considerable profit !. How much? lets follow the idea. FIGS reacted nicely to strong support (34.13 USD) formed by two different types of Fibonacci after an abc form of correction shown on the chart. A considerable up ward move started after the mentioned correction which seems to be the wave 1 of a new 5 leg up going wave. After that, price retraced 61.8 % of the last move. This minor decline maybe the wave 2 of the up going wave cycle. If true, the golden wave 3 move has recently been started. Mentioned up going wave cycle which is itself a wave 3 of a larger cycle Elliott wave can push the price at least up to around 70 USD. It is worth to note the broken down trend line acted well and nicely as strong support twice which suggests this dynamic support is a strong and valid one. please note the beautiful bullish reversal in stochastic indicator exactly at the support. Amazing one ! Like always , despite of all these bullish signs we have to trade objectively. So we set our stop loss carefully in the case of opening a long position. Long trade: opening price : Current prices Mid term target: 70 Stop loss : 39 Reward to Risk : around 8 ! Good luck every one and wish you considerable profits.
NYSE:FIGSLong
by SaeedSajedi
4
FIGS - LOOKING FOR $46 - Great FinancialsAll, Firstly, FIGS is THE hot commodity in the healthcare sector. All major doctors, dentists, surgeons love and buy only FIGS no joke. They are a high quality brand and actually a decent company. FIGS looks ready to pop on confluence support here and wedge. We will see, keep an eye out. See financials below, but I would consider them undervalued here by about $5-$10. I could see FIGS at some point in time being near $100 stock if they keep up their revenue and hype with healthcare workers. Entry #1: now 5% stop Entry #2: break of wedge w/ trailing stop Entry #3: wait for wedge break and see what happens on previous channel retest fail (late entry on break 40-41$ vs now. Could also of couse go down so do your DD Financials (Almost all good) **High ROE: FIGS's Return on Equity (49.9%) is considered outstanding. PE-- PE vs Industry: FIGS is good value based on its PE Ratio (11x) compared to the US Medical Equipment industry average (48.9x). PE vs Market: FIGS is good value based on its PE Ratio (11x) compared to the US market (17.9x). ER/Revenue-- Earnings vs Savings Rate: FIGS's forecast earnings growth (40.2% per year) is above the savings rate (2%). Earnings vs Market: FIGS's earnings (40.2% per year) are forecast to grow faster than the US market (15% per year). High Growth Earnings: earnings are expected to grow significantly over the next 3 years. Revenue vs Market: FIGS's revenue (27.6% per year) is forecast to grow faster than the US market (9.2% per year). High Growth Revenue: FIGS's revenue (27.6% per year) is forecast to grow faster than 20% per year. Debt-- Short Term Liabilities: FIGS's short term assets ($146.3M) exceed its short term liabilities ($43.4M). Long Term Liabilities: FIGS's short term assets ($146.3M) exceed its long term liabilities ($3.6M).
NYSE:FIGSLong
by DigitalData
2